mark bouris highlights the unspoken fears, page-28

if you haven't taken profits after the greatest boom in history as we enter a debt depression then you need to book urgent sessions with your local therpist.

good luck, your gonna need it.

this has nothing to do with how much you've made the last 5-10 years. it's about returns from property going forward and how much debt your carrying. buying and holding IP's going forward is a terrible investment class. this will change eventually.....

go to somersoft.com and check out all the amatuers who have loaded up on IP's paying upto 10.47% with rams and macq on average wages and they seriously have NFI just what they're playing with here as the bear market kicks in. somersoft is a small sample but you can get an idea pretty quickly just how many jo-blows have gone out and loaded up on toxic debt they wont be able to service as the months go on.