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    what would happen if property prices crashed

    They're not real lo/no doc.
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    what would happen if property prices crashed

    Well you're talking about the spread between mortgage rates and the official cash rate but I am sure that rates did drop after the rate cuts.
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    what would happen if property prices crashed

    Yet real estate in places like Manhattan, London etc have been going up and up and up. It is all location. The rich get richer, the poor (think Detroit) just get poorer.
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    what would happen if property prices crashed

    If property crashed, shares would be the first ones to crash way beforehand. History has shown this time and time again. Stock market crash in 1987? Small dip in property, then a surge. Most stocks fell 30-40%. Same for the GFC. It would be some apocalyptic event to cause property to crash and...
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