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This has turned into a longer post than I planned. Sorry. House price rises and inflation The long term studies of house prices, such as the Herengracht Index or Shiller's research suggest they're linked to general inflation, or slightly (less than half a percent) above it. I know that...

The article would have benefited from some judicious trimming. It could be summarised as: High house prices are a consequence of high levels of personal debt. There is a strong correlation between high debt levels and recessions. Australia's are now at a record high. The FHB boost and...