I don't own an investment property, rather on the other end - a tenant. Got back from the overseas in the middle of the boom, and decided to sit out, rather than add to the hype. Plus also such a hard place to find a decent house.

Worked out where I am sitting with rates, insurance, maintenence and mortgage, plus money under investment, prices would have to increase by 5% in the coming year to be on the winning side - not likely.

My dislike of real estate agents is heightened by the fact our place underlet, good for us, but absentee landlord for whom an estate agent manages. They under-let it, as the agents want to buy it!

Think alot of people will start to hurt on their rentals, once they come off fixed and rents don't meet the mortgage!

SSB