oz housing collapse: sell bank shares ?, page-3

very interesting point raised about houses being a storage of wealth

this would make people retiring in the near future very jittery if the market started to soften enough

this particular segment is sitting on huge % gains and would be keen to liquidate at a reduced price and the first group to chase prices down

this particular segment could be the start of an avalanche of selling

just like a rush on the banks in a panic to get your money out of a non-guaranteed deposit