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I do. My short term goal is simply 'enough passive income to live off'. We'll be there at the end of this year. This just happens to translate to 20+% gross yeild each on two cheap properties, but you could get the same effect with 1 more expensive property with higher rent on a much lower...

Yup. Again, too early to call. And as devo said, the very recent loans are screened better but there was a fair stretch they weren't, and that wasn't very long ago in the grand scheme of things.

I have three properties and while it is nice they go up, I'd rather they don't as that means everything else is going up too. If they get more expensive there is no yield, and I won't be able to afford to buy anything else if we ever decide to upgrade. Debt is bad, mmmkay?

I don't think enough time has passed to make that call - there were too many stimuluses thrown around and the FHOG booost only ended 7 days ago now. The Ed Karan camp of 40% falls from Q1 2008 is obviously wrong, but there's nothing to say we won't still get a correction. The question is more...