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I'm trying to work out why 330,000 additional people had trouble fitting into 144,140 additional dwellings... a whole heap apparently ended up sleeping on couches (according to Shadow) - leaving hundreds of thousands of dwellings worth of mythical 'pent-up demand'... Somebody is failing...

I'm not so sure about that!

Never let the facts stand in the way of a good delusion, Sunfish! ;) Again, absolute rubbish. 3105.0.65.001 - Australian Historical Population Statistics, 2008 1. Population Size and Growth: If the rate of population growth is the primary driver of prices (which it isn't), we should...

Make up arguments that sound a little bit like counters to the points that were actually made, then argue against these. Respond to "There is absolutely no reason property can't follow shares down" with "Most (all?) shares are held by investors. Most property is not held by investors". Which...

Me too. Except for when I lived in a caravan, oh, and when I lived in a garage. But yes, apart from that, I've lived in 'dwellings'. So do most other people, as you correctly note. But this would be true whether prices today were $100k, $200k, $400k or $800k. It's got nothing to do with...

Nowhere, no matter how good the area, can double every 7 years. Not without super high inflation (and consequently interest rates). Nowhere, not even the best of areas, has. A few came close, but only in areas where land was practically given away to settlers in the early days. Imagine there is...