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mate if my house goes to 400k in 2 years I'll be wiped out, so I wont have much to give. My house is about the median value for the suburb and was valued last year by the bank at 1.8, so a val of 400k would be a fall of 70+%. I think we'd all be in trouble in some way if property dropped...

I will give awayl my networth to children in 3rd world country if in 2 years you can buy a house in Brighton for 400k

Values have come down, some 20% yes but you still need 1.5M for a sh#Tbox in middle brighton. I go to several opens a week and also go to auctions. I personally know 3 families with 7 figures in the bank ready to buy. Family house buyers still have the cash but are waiting for further falls...