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NR, it would seem that the reason that you would have us all fret about 40% - 50% property price drops is your concern about the banks calling in their loans as the LVR equation no longer stacks up. Are you able to prove if the banks have sold up property owners, investors, en masse, just...

NR, Your many and varied posts make for interesting reading. I'm not too sure however about your assertion of 40+% drop in values; if you take a look at residential property values over time they rarely drop much more than 5% at the low part of the property cycle, if that. Mostly the prices...