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Glad you re-posted that Witzl; a very clear illustration. To pick up on your point, it's important to note not only that the median house is not the same house, but that the buyer is not the same buyer. As population grows so will the gap between the rich & the poor. As time goes on, a smaller...

OK I have now read this thing about property doubling every 7 years about 3-4 times. Only on SS and only in maybe the last year. All I ever heard ( and believed) for the last 10 years is that property doubles - on average - every 10 years. As Graemsay points out, there is a big difference. So...