John Symond, from Aussie, look at first time investors who are generally small investors seeking property which has a excellent yield, and yields are excellent at the moment because theres a shortage of supply. They like to be near infrastructure, near the CBD, which means, predominantly, home units. Whether youre in Brisbane Melbourne, Sydney particularly, inner city – apartments, shortage of supply, high yield and with a bit of luck a high capital gain potential. Not a spike in values over one or two years thats long gone. Today investors have to look at a property and see that it brings in an acceptable yield, its got excellent growth asset potential and its even surpass if you buy a recently built apartment or house where you also can get the depreciation benefits of, say, 2.5% every year. A lot of investors dont know about this but if you can depreciate 100000, 200000 off the buy price every year for 20 years you can get maybe 4, 5 thousand dollars tax deduction year after year on top of the operating costs your interest holding charges. So I believe that the shortage of supply of housing, the appeal of low interest rates, a surpass range of properties because not competing with the FHB segment which really has overheated is going to give investors a much surpass chance to secure the right property.with everything else thats de rigueur and Im tipping that investors will start coming back with a flood, and thats a excellent thing for the housing market. I dont believe theyre going to come in en …