Hi UT, I counted the number of times the letter "I" with amusement.
You alone have no bearing or influence on the property price trend either in a boom or a bust.
If you read my question clearly, I am referring to the masses who have blindly dismissed the possibility of a bust and this is how they all end in tears.
Your profile owning your own home with 3 rentals on the side is a common place among people I know. Unlike you (being so fortunately), they are struggling.
Pride and excitement 6 months ago now sounds more like an albatross around their necks. Yet, they defy and hope for a safe passage. Negative gearing will soon become a dirty word.
