You are abosultely right .I sold my property when things were very hot and made a great profit .now the same property is languishing .many people who are suffreing are those who paid huge unworthy rates and they are paying the price for that act of foolishness.they are to blame for thier follies .real estate investments at such huge rates were downright stupid and hope people evaluate real estate like any other asset class .it is worth only if resturns are in the range of 15% per annum otherwise it is not worth the invetsment unless you have money to burn .
