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Acey, As I mentioned earlier, I'm a newcomer to this country, so please apply a great degree of caution to any of my local unexperienced analyses :). About my traps, I had avoided some but in a different situation and in a different place. There must be How about the tax, council rates, agent...

The sideways/flat/seasonal market/low clearance rates/"negative growth" one. 1) They are seduced and trapped by the government with the negative gearing practice, providing low cost rents (comparative to house prices), that are hopefully compensated by CG. 2) While there are less CG...

1) IMO Levies/grants/differentiated taxation - all are bad. 2) It may be seen as an early attempt to stop the price crash in its early stages - more money for reluctant buyers, less initiative for worried potential sellers to sell. 3) It can also be seen as a government's "trap" for...