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If all I did in life was listen to negative people, I'd be as poor as them.

There is also a huge supply/demand imbalance in the UK. It will correct at some point, but prices in London will remain very expensive in the foreseeable future. The London boat had sailed away in 2011, when AUD was high and London prices were low.

a) Chances are, most people who think a crash is around the corner, are terrible at wealth management and creation. So I would hardly listen to them b) There is no doub Syd is hot and at some point there'll be a downturn. So it is wise to tread carefully