im sorry but in my opinion the statement "death of property investment" is a such an overeaction to what is happening, i cant believe there is so many negative comments in such a short period of time, just 12 months ago people were gazumping and racing to buy properties, what has changed that much in 12 months? there has been no mass unemployment similar to the previous crash , ok mortgages are tight for a while, but surely everyone knows property is a long term investment.
This period will show as a blip on a graph in years to come, the end of this year i believe some cracking opportunities will become available and i shall be looking to buy some of them - renting is red hot with yields rising, contractors are dropping their rates..
obviously i dont have any new apartments or maybe i wouldnt be so upbeat, i tend to build new homes or convert older ones.
in fact i am glad the market is dropping because i am not selling anything and i want to buy more 