Given that the massive falls in price may not occur, what are the renters, particularily those that follow the chart weighting for the 40% falls. The current conditions seem to indicated that some stability has been found in the lower end. The top end is a problem and if you do have the cash and want to upgrade to some good quality and well located homes, there seems to be no better time. but it aint a flood or avalanche as some would like you to think will occur.
So are the renters going to hold on to their undieing faith in the chart or be a bit more relaistic.
for me there are opportunities in all markets are different economic conditions