But that is the thing property and shares are NOT the same. Shares are easily panic sold or their sales are forced due to margin calls - similarly we saw a spate of high value properties being sold rather quickly as part of the crash to cover margin loans. With property you won't be called to top up a loan in the event of a price drop, as long as you make your required payments you are safe. The other thing with property is the very fact that it is a less liquid asset means that people have more time to consider their options and more rational thoughts will likely prevail rather than sell unlike shares if you panic you can sell with a few strokes of the keyboard causing a quick cascade of reactions by others in a negative environment.
One last thing just as an example just because property takes a dive in say Sydney does not mean that property will take a dive in Adelaide as they are two very different areas.
