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That'd really give you a clear indication of the fact that historically it takes people 3-5 years to change their expectations (and not only in property) - and this is a core factor in the time it takes markets to change direction. Or have I said too much already Aceyducey, yes when you...

If property continued to drop after I bought, then that's what happens. I'm very used to this having been so into shares. Investment classes usually go from being very overbought, then to very underbought, then back again. As I move into property, I will increase my gearing. Being highly geared...

Where I live the discounting is starting. I have my eye on a few lifestyle blocks that have been discounted and been for sale for many months. They would have been snapped up just 12 months ago. Topcropper, the only question is how far do they drop till someone thinks they are fair market...