Inner Melbourne is being flooded with new apartment stock presently & this is set to continue. I think the only one grasping at straws is someone expecting this won't put downward pressure on rents.
Further more you are not making sense as this new stock would be what investors with the ability to continue negatively gearing could continue to buy. You are contradicting yourself and making little sense.
I haven't seen too many people on this forum advocating inner city properties , ( in fact quite the opposite ) apart from a couple of people who obviously know that market well and the pitfalls involved
Maybe you should pay more attention to what people say here rather than staring into your charts looking for answers . But then again you do seem to ignore some of the answers that get given too you when you can't find a chart to back up your thoughts .....
Cliff