The doom and gloom predictions have continually failed to come true for the last ten years. Obviously a downturn will come one year - but it will not be because anyone here predicted it.
Interest rates are still relatively high compared to the rest of the world. So there is plenty more room for the government to bail out property owners. Only when we have near 0% interest rates and low growth will it be a sign we are in trouble and we are far from there at the moment!
You might be waiting another lifetime before that happens - but then again it could be in a few years? who knows.
