Could a share market crash cause a property price collapse?
Stock markets around the world have rattled investors over the past week but could a major crash wreak havoc upon the Australian property market?
Would property prices reach their breaking point if global equity markets tanked? (Image source: Shutterstock.com)
Share markets are undergoing a rollercoaster ride and many economists believe a recession is imminent, with experts estimating a 65 per cent chance of it occurring within the next 12 months.
A mind-numbing $6.4 trillion has been wiped off global stocks in three weeks.
But even if those losses are compounded, is it likely to flow through to a property retraction or crash?
During Australia’s last major recession, back in 1990-91, property prices…
