I'm on the side of saying it how it is rather than needing to "support" something as though it is on life support.
I don't agree. I think you are endlessly negative and talk things down for a reason I cannot put my finger on. No one is suggesting the .com.au market is on "life support" simply because we don't agree with your view on this domain. I just think you talk things down for the sake of it and unless the domain in question is in the top 0.01% of super ultra premium domains its worth nothing in your opinion.
Just out of interest if you think the owner paid to much for the domain what do you actually think investmentproperty.com.au is worth to an end user, not a domain investor? And why?
Some days it is like being in a .tv or .mobi forum, where a chunk of people feel the need to "defend" or "pump up" things. Anyone with a bit of distance from the situation would normally associate that with a sign of weak investment.
I think the proof is in the price paid. If it was a theoretical argument about what a certain domain would sell for if it were for sale (eg bank.com.au) I might agree with your above statement. All I am saying is someone thought the domain was worth that much to them so good on them, accept it. Would I have paid that much for it? No. But that doesn't mean it wasn't worth what the owner paid for it for them. I think there is a big difference between "pumping up" things, being neutrally positive and being downright negative.
If in your eyes the .com.au market is such a weak investment why do you spend so much time around it (ie in this forum - talking everything down)?