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No, the majority of my major purchases have been done in the last year and a half at the same time the whingers have been working overtime in the media crying how it can't be done (incl. the largest 2 in the last 8 months). I wouldn't expect them to be making some of the purchases I've made, but...

That just comes down to personal opinion on individual deals. Remember, a newbie is not buying the market. They are researching earnestly and trying to find out all they can about that one property they intend to buy. If they do their research and believe that a particular property they have...

This is the key issue. Kudos Devo, good post.