wow look at the massive losses here

all those bears playing on the stockmarket...cum gambling den...who have been promoting the gospel... that houses must crash in price........
that mantra has been published here almost daily....since 2000...but lets just look at the last year...forget all the other years where there is no evidence of this crash....
well in some places since 2010...the crash has been below 2%..and some have not dropped...other suburbs have in fact increased

so lets compare the housing market crashes to the stockmarket...
this post was on the asx general thread yesterday...about the dog of the year stocks

in this list almost 600 shares have dropped in prices from 50-95%......wow...
and the list goes on, and on....
looks like the crystal balls had it wrong...it was the stockmarket crashing...not the houses...probably cause most people need a roof over their heads....whereas buying stocks....is a choice... a want...but not needed

http://hotcopper.com.au/post_single.asp?fid=2&tid=1615789&msgid=9275400

wonder how much the average punter has lost in the past year....
and I wonder what the occupations are of the housing bears...and what is their average income... ?????
is there a connection...or is it across the board...