I sold off my property recently, and the reasons were simple. 8 out of 10 people i speak to think property will stay or increase.

So its great because people are going ahead with their property purchases, taking on more debt, leveraging up, some to the effect of straining themselves quite abit. So the liquidity is being drained out. For every property crash to happen you must have the debt building process to take place.

So when the property markets make a turn back, well there re not many people with much ammo left around. hallelujah...