Missingblade you are missing the point. That amount of flats released this year is 30% below forecast. Therefore as sentiment goes there is a tightening of supply! Once upon a time it was better to rent to get a bigger place and in alot of cases that is still true but at the middle level it is now cheaper to pay off a mortgage than rent for the equivalent flat size.
We are still well below 97 prices so dont panic there either. My agent has said she gets mainlanders coming in and paying for flats sometimes without inspecting and paying the advertised price. So still money coming in, just not from traditional sources, ie bankers with their huge bonuses.
If the market goes up another 20-30% this year, then i will bail!!!!!!!!!