Trouble is, a large majority of home and investment property owners, arent owners at all, they are owned and controlled by a bank.
The bank and it's assets, including these properties can be affected by global funding and sentiment as well as local sentiment. So many of them are as safe as banks and looking at the hundreds of billions that have been loaned to property buyers at high prices using almost 40% overseas funds, they don't look very safe to me.
Unless you own your home/investment properties or almost own them outright, in which case in the worst case scenario would not be at risk of forced fire sale, but simply lose capital value.
