"Nice post tinman. I think your explanation is very reasonable...

"Nice post tinman. I think your explanation is very reasonable and makes sense. Well written and aligns with what a lot of people are thinking. The only concern I have with all this property bashing of late, is that the contrarian view would tell you that the perfect time to buy may be approaching us."

A contrarian point of view will only tell you the time to buy is approaching if you're forecasting an imminent crash. The public's opinion of property and prices of property are both very high. We are at the peak on the house price graph. Contrarian investing is about buying at the trough.