patrick.net

retire59 says

If you read the majority of articles about the all cash investors and investment firms, they all said that they are planning to hold onto the purchases and then sell in five to ten years, and renting their purchases. Maybe it has begun, but it will happen eventually based on what these articles regarding these purchases have stated, I.e. Blackstone....so we shall see....

Very true. However, people's actions and words have a weak relationship at the best of times. Once people fear that they will lose money, all bets are off. Take a look at this video. I love these parts

"keeping up with the Jones"

"One way of another the property price will still go up".

http://money.cnn.com/video/news/2013/08/09/n-chinese-homebuyers.cnnmoney/index.html

I see a huge potential problem with all this glut. It is driven by the premise of fundamentals don't matter, prices always go up. Even though we have seen that to not be true so recently.