We have been warned lol - and just how long have the chickens...

We have been warned lol - and just how long have the chickens been shouting the sky is falling the sky is falling.

Even the article says:
"On the positive side, Mr Minack said the most plausible trigger for a correction in the Australian housing market -- broad-based jobs losses -- doesn't appear likely in the near term. This means big price declines in the near term "seems low"."

Says it all really - over priced or not even the so called expert doesn't see large market wide price declines without significant changes in the Australian economic landscape.