Just look at the classified ads today (Saturday) - so many sub sale sellers but still so wishful asking prices.
I just checked the URA list of caveats - since 2008, there have not been many transactions. Sub sales are like only a handful.
The speculators will get burnt!
Agents will waste hundreds of dollars on useless advertisements.
Maybe I'm gonna call some of them and make some offers - 30% off their asking price. Let them laugh at me and see who's laughing in the end.