$30 billion wiped of the stock market today, page-3

Obviously Kincella did look up on the falls on bank shares today.

In any case, we have seen volatility like this at least 7 or 8 times since the GFC only for the asx to climb back every time to around 5000 (short term resistance level).

Can't say that for depressed house prices.

Once down, they are down for years (or decades), not days, weeks or months as in the case for stocks.