the aussie property bubble is about to pop., page-4

I wonder if anyone has any ideas on what the inevitable "bursting of the property bubble" will do to the stock market?

Interest rates will go up (probably the primary cause of the bubble bursting), money will flow out of the real estate market - will it flow into stocks?
I assumed when interest rates go up the stock market suffers also as investors turn to bonds or other safer interest bearing strategies with the banks etc.Is this neccessarily true?

Which stocks come to the fore in these periods???

I wonder has anyone seen this situation happen before and would care to set me straight on the macro economic conditions we will soon be facing in Australia?After all history does has a habit of repeating itself.

Thanks in advance

Commy