INVESTORS WILL HANG ON AS THE MARKET FALLS

Australian property owners are likely to hold onto their properties longer than they should in a declining market due to the fear of making a loss.
(yes we have seen that in Perth, Melbourne and Sydney yet to go through it)

This will be particularly painful for highly leveraged investors who bought at the peak of the market with the expectation that prices would keep rising.
(Perth has had a really bad time of this in the last 3 years and some investors have taken massive losses)

Some investors often sold too early, or held on too long in a falling market due to feelings of regret. 
(I think the stock market is more stressful than property myself)

People try not to sell at a loss. Emotion is what's driving that, particularly the feeling of regret.  However when the bank comes knocking on your door what option have they given to you in the past - ZIP.

The Domain figures show that across Australia most markets are either flat or in a decline.

Sydney house prices fell a further 2.6% over the past quarter (had to happen didn't it?)
Brisbane -0.6%, Perth -2.0%, Darwin -7.5% Melbourne +0.1%.

Many investors will try to ride out this downturn but that decision is going to cost them.

If you have bought a house and it's gone down in value you should get out rather than wait for it all to go bad (I think it entirely depends on your circumstances)

Some of these investors would be better of selling up and realising any gains they have made, but many wont do it (think it's called greed).

Look my opinion is if you have made a profit and you think its time to sell then sell, if you dont need to sell it then dont if you can hold on for a further 10 year the market will come back, it depends on why you bought the investment in the first place and what your plan was for it.  You should be writing down the reasons for holding or selling.

What will be the worry for most people is that because of APRA's tightening lending standards present a pivot point for those who have bought with interest-only mortgages, particularly given the Reserved Bank has flagged some borrowers will be unable to roll over their loans to cover the principal and the interest.

Who I would be afraid for is the people that have done that for the homes that they live in that's not a very good move at all, you are in serious trouble when your term comes around to be re negotiated.

Be ahead of the game and get a property over haul done on your properties and be in touch with the market, the banks are not going to be lenient on anyone and they have no loyalty to a long standing client as the lending standards they will have to abide by.

MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO!!

SELLING MOSMAN PARK & THE WESTERN SUBURBS!!

KEEPING IT REAL IS OUR MOTTO!!