"Shaken investors who endured a rollercoaster week on the Australian Securities Exchange will try to find their sea legs in the stability of property, economists predict, which could potentially push house prices up further."
"As a knee-jerk reaction, investors are seeing the volatility of the financial markets, and asking themselves, 'where else can I go that's not as volatile?'" St George Bank chief economist Hans Kunnen said.
"Property is an answer. They say, 'I'm not having a bar of the sharemarket; I'll stick with bricks and mortar."
"Meanwhile, Dr Oliver said housing-related stocks had actually been the "bright spot" in an otherwise dark sharemarket.
"The basic theme of the reporting season was how well anything related to houses is doing."
Oh dear the property bears just cant get a break can they!
