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How far away do you think this is now YM? I remember on an old thread you said if the interest rates match the yield then the market is in balance and can support the prices. We'd have to be close to that soon?

That explains why we misunderstood each other. I thought it was a given that dwelling land sizes were much larger back in the day 'overall'. Open up a 10 year old street directory and it's obvious. I've seen many examples of a battleaxe blocks, houses with houses built behind them, and large...

A $ per sqm basis over time would be very interesting. If you can work that one out please do. I don't think I can.

Fair cop mate - what a pointless nit pick. Surely it was implied. What kind of idiot would have written 'every single individual block of land in Australia was larger in the 50's than now'. You're smart enough to know what I meant. Overall, the general trend is that blocks have become much...

No it wasn't. How about this - 'The average block size in Australia in 1950 was larger than it is today' True or False. How can the answer be 'not always'? It either is or it isn't.

I don't understand what you are trying to say.

The land was much larger then.

Wow wouldn't it have been great to own a large block of land back in the day where those 100+ unit skyscrapers now stand right in Ginza. Imagine the growth on that! Given that Japan is a much more mature country and has a declining population, maybe I'll buy this type of thing here in...

Thanks for your question. Shadow has answered it already, although I'll add: It's always about the land growth. Land being the 'enabler' for the dwellings (for lack of a better word). The dwelling just exists to general an income. A easy reminder is: Land appreciates, buildings...

I think you're all missing the point. What BoatBoy is saying is VERY valid. The definition of an 'average dwelling' changes over time. This hides the real growth in property. One big house gets converted into two townhouses and the yield is reset. Two townhouses -> a six pack -> a 10+...

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