Quote Originally Posted by Halebop View Post
..and those with an investment bias towards the sector will do it tough.
Nothing new there. High original purchase price, high interest rates and low ish rental demand all has spelt danger for more than the last few years. Property values may be temporarily deflated as desperate owners try to quit their “rental yield” investment in the face of crippling costs in a talked down market. Indeed I suspect it is these people who are loosing in the current market as they are simply selling. Whereas residential owners are selling and buying in the same market space. If they are selling a lower valued property they are also able to pick up a lower valued property – so they are just as well off.