30% plus 5 - 10 years of no growth is close to 50% adjusted
You don't need the 30% drop. 5 - 10 years of no growth would be unsustainable for the aggressive neg gearers and even high income individuals will tire of subsidising their renters and will look for a way out.
No big deal for me though: I'm not using my house as an ATM. I will survive.
