I see the bears.
But I also see peopel going on and on and on and about how smart they are, how dumb others are and how property is basically foolproof.
i think you're both painting with 6in brushes.
the people trumping it up are those that are doing well, bought well or riding well.
good on em! i'd want to hear EVERY detail about their path to success.
the people playing down property are either locked out currently or made a loss, or can see the "writing on the wall".
you know what? i'd say most people want to hear that side of the story too - after all, it's risk assessment.
it's when both sides purport some unbalanced, biased crapola that i start to roll my eyes. I've seen bears post reasons the property market will fail based on the Costa del Sol's average price, comparing it to Toorak and that because Toorak will fail, everything will. I've seen bulls post some utter drivel about housing shortage in relation to immigrantion, but over 70% of all new immigration statistics are from formally naturalised people ... already living here!
so hows'bouts we all shut the f**k up and watch for 3 months?