"They will be frustrated that families are not being evicted from their homes or having to sell up and rent somewhere else."
That's rich. This thread is concerned with the future direction of property prices - families on the whole will see much more pain from increasing rental prices than from a drop in prices in the property market.
"by seeing insufficient pain in the community there is no need to rub salt in their wounds. ... By the way, have you paid the rent this month?"