Not due to lack of cashflow
So, there you go.
Not even cashed up investors are going to jump in and pay more en masse for anything.
There will always be a few who might, but this would be the overwhelming minority, I'd wager.
The figures show that most investors only own one IP.
It is fair to assume that this section of the investors are not buying more due to a number of reasons - one is no doubt a cashflow issue; otherwise why would they not consider another?
The minority of investors own two or more IP's.
Either they are buying sensibly to maximise cashflow (not paying too much),
Or, they are higher earning folks who have lots of expendable cash to throw at an IP without much thought.
I'd wager the percentage of this group who actually would do that would be enormously small.
The statements that you and the media make would have us all believe that on any given week, half the volumes of buyers out there are mindless investors, swanning around and throw reams of cash at anything with a letterbox out the front.
Maybe it's just me who is the only investor out there who has never been in a position to freely whack down loads of money for the 5 IP's we had...none were bought at a premium; because we could never afford to do it.
Maybe everyone else is completely loaded, and can go beserk.
Maybe you're right, and I am completely out of touch with the world these days - maybe yer average investor isn't the Mom and Pop combo, but are now all yer fully financially educated and cashed up dudes on multiple 6 figure incomes who can buy up a storm, and to hell with a rent yield or whatever to soften the cashflow hemeorrhage.