the facts about property pricing, page-4

"IMO we will see a softening over 1-3 yrs 20-25% or stagnate pricing for 10 + years as the affordability increases"

Nothing wrong with that and hardly anything to worry about for a long term investor - and is a world away from the 40%+ market wide crash scenario posted by others.

"above all -
We need to become a hard working, lucky country again - and we can only be a lucky country if we have affordable housing "

Yeah and people need to learn how to sacrifice and not expect everything to be given to them on a platter.

"prosperity of a country is based on taking on real risks and hard work - not sitting on our backsides and just buying houses."

Guess buy that logic then we should get rid of all stocks etc after-all it is only investing and we are not taking any real risks are we. We are just sitting on our backsides buying assets. All investing has some risks including property investment.