a number of them already re-financed their current property(ties) and the cash is sitting at bank, not only they can hold for years, but can whack if got fire sales.

I am quite surprised to see u actually voted that.

For those who think prop prices didn't falll, I saw my friend neighbour 2.5 storey house just dropped in auction price again.

540k(bank tho that they wrongly put the price) -> 900k -> 810k -> 729k -> 653k latest.

See whether there is any taker this time.

Investors are not likely to aligned to UUU nor DDD. If you cant manage ur risk profiles of dumping >100k to invest on something, then go settle down for FDs. In the end of the day shouting here and there up down left right gain nothing. Investors are already pocketing handsome profit years along and gearing up for future, whereas our keyboard warriors here still shouting for bubble and gained NOTHING. Haha, sour grapes are still the same. Probably when 5 years back also shouting the same propaganda on affordability. Now when see their peers cash in and have nice cars, then blame the flippers (which of coz its their fault!). Hell, if I were to pass you free easy moneh 100k in front of your face you would die to grab it right? If you couldnt 'afford' 5 years back, which definitely not now, then it sux to be you bro :-/

Normally these biased kind of ppl, when ask them about property future, they will complain and blabber tons of cons (which I do agree too!). But when ask them how much have you gained from it, they couldnt answer. The same attitude 10 years back and also now. It wont change. What a shame ^.^

Yeah , their fixed deposit rate is around 8% now.
Of course the risk is great.