rba warns fhb's this is not time to buy, page-72

Oh now it is interpreted as the RBA warning about paying too much.

How the hell do you get that from I quote "A senior Reserve Bank official has warned first home buyers against taking on too much debt in order to buy property, saying the squeeze on this part of the market is probably temporary or ''cyclical.''"

key words " warned first home buyer against taking on too much debt"

"I don't report people, in fact, I prefer their comments are left unmoderated so others can see what sort of person they are."

Oh really Scotty, I'd say the mods would ignore you so go on I dare you

"Writing is on the wall, been bearish for 6 months and never felt more confident that I am right on this. Its in trouble."

Yeah well so far no evidence you are correct, as bad as the budget is I doubt it will impact on property much. may go side ways a bit and even down a bit in the short term but nothing to worry about.

As I have said previously, if property ever takes a dive like you predict come back and tell us "I told you so"

In the mean time your predictions look like they come from la la land