I agree with the rationale in the original post ..in that
.. even if we don't see price falls (I still do expect to see some price falls in Melbourne starting this Spring season by the way) - but let's say we end up with a flat to consolidating market, especially over a protracted period, I think this would slowly prick the bubble, which a long term property investor should be happy with and should have always allowed for... I know I'd rather hear the hiss of a controlled safety release valve - rather than a violent pop.
..and I do mainly have property (with a small mortgage)... and only a small amount of super.
So I'm battening the hatches in Melbourne .. knowing i can't be too greedy and there's my son who I hope one day will be able to buy his own house - I'll help him of course, but I do worry about the next generation including my nieces and nephews etc..
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