I think the property market overall is in some trouble so even if you pick a good one it just means you will burn less than everybody else due to your skills at property selection.
Yes possibly, but at some point the broader market will turn again and go back up, and then those who are good enough will be in an even better position than before!
As others have posted, if you believe that the broader property market will fall and continue to fall further and further down for the next >7-10 years (eg. a 40-50% drop in real property values that is sudden, prolonged, sustained) and also similarly impact the majority of individual/local property markets, then convincing you otherwise is completely futile...
Is this what you really expect to happen???
I would think that the 'probability' of this happening is pretty slim, and you're betting instincts will prove you wrong in time.
JIT
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