Interesting little discussion you are having with Stocko !
Mate, coming from a bloke who emailed the company when their share price fell 1c (View Resources) to see if everything is OK, I am surprised that you can't see that housing prices can't fall 30% as well.
You keep talking about segmenting the market. True, different segments fall and rise at different rates at the same time, take a wide view - how is the property market in Hong Kong or Singapore at the moment ???? I would say it has fallen 30% over the last few years.
Have a historical look at Westpac. When big Bob Joss moved in and wrote off zillions - why because all the non performing loans on properties or properties that Westpac owned were not worth what they paid for them.
Because you have beaten the market doesn't mean property didn't fall ! Stocko is not wrong.
Given your panic over View Resources maybe you should stick to property .
