What impact would a material property correction have on other asset prices?

Australians are heavily invested in residential property and so the impact of a property crash is obvious for those assets. But the impact on other investments is just as important to understand. Australia’s banks have around 61% of their loan books exposed to residential property, and banks now represent 32% of the ASX 300 and are the top four holdings in the average SMSF portfolio. The graphic below highlights potential impact on other asset values from a material (eg 20%) fall in home prices. Read the full article here: (VIEW LINK)