Simply put many fail to act in their working life to adequately provide for their retirement.
Simply put many fail to act in their working life to adequately provide for their retirement. Often it is these people (the majority) who are quick to jump on the bandwagon of hype about a property bubble in order to justify their own failures and in action during their life. Those in denial that property is a great investment often like to find a friend in someone who is also a naysayer. Negative attracts negative.