"Rather than accepting that all markets are cyclic and property is entering a phase of correction, the bulls are going down in a firey rage and pointing the finger in all directions. The bull can't blame the bear for the market correcting, so instead the bull accuses the bear of being an intrinsically evil hater with no soul".
What a beautiful piece of literature Tripster. You've articulated the situation perfectly - wonderfully worded.
Any person who thinks rental properties are a solid investment is slowly having their brain-washed idea squeezed out of them from all directions. When they begin to see their Property Investment Club buddies dropping like flies all around then, that's when they might finally admit "gee, maybe I got it wrong".
But until then, lets enjoy hearing them squirm. Help, help, I'm drowning...help...
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"Rather than accepting that all markets are cyclic and property...
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