To make the silly claims of drops and the levels thereof flies in the face of the evidence that the market can not be hit with one stroke of a broad brush. His and your comments quite clearly demonstrate the inability of comprehending the huge variances and complexities of real estate here.
The metro stuff in well located suburbs is doing very well. Those with tangible experience on this site have well dismissed the perennial negativity pumped out by such letters as a clear attempts to bash property for it yields no gain to the publishers.
Now we await the next hook of a 20 percent drop predicted for real estate.
As for gold , there are books on real estate that have advised, rightly or wrongly, to hold this commodity we before the likes of the doom merchants came along.
Most here do not hold real estate on its own but carry a mix of asset classes and have, and are moving away from speccies which really is the domain of the quasi gambler in todays market.
