Heremes "The trend-word in property these days is 'downsizing'."
"So the upper-middle end of the property market will get sold off and will flood into the lower end of the market."
Wrong IMO. Why would the upper-middle end up-root themselves? They would sell their 'investment properties' that where bought at the height of the bubble and are now worth considerably less.
Sorry slum lords, time to take a loss from buying at the top out of greed. What you thought and what you were told that property prices don't go down is wrong. Just watch.
