Well, thank you for your perspective - I guess I won't be buying any property any time soon - or at least not until I do extensive homework. Thing is - as bad as the situation may look like now compared to 5-10 years ago - I'm just thinking of how much higher real estate prices will be 5-10 years from now. So if I want to reap any future benefits now looks to be the time. I just feel it would be really unlikely to get deals as good as we had a decade ago. I'd like for the bubble to just pop a little bit before I start thinking about purchasing a condo seriously though.