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Yes, you are correct this did effect property prices, just as negative media reports also effects markets, and that is my point. What happened here with the financial crunch was that fear set in, people stopped buying, finance was difficult to source/dried up, "supply vs demand", no finance...

I hear you Skater:) Its interesting I know some young guns in Sydney who started buying units/2 bedders in Syd West, cheap as chips 2-3 years ago now as they noticed that the prices were starting to move. What was attractive at the time was the rent for these 2 bedders were actually...

Redom, I think you need to be wearing the "investor hat". I have been in this game for a while and there will always be boom/bust cycles, because it is very simply supply vs demand, this will never change. When there is an over supply you will see properties fall back, when there is a shortage...