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  1. Redom

    Property Prices Doubles in every 10 years rule

    Haha at some point we'll be cashless. :)
  2. Redom

    Property Prices Doubles in every 10 years rule

    At the risk of sounding like a cynic, you can make pretty strong economic arguments for factors going the other way too. We're in the middle of a cyclical boom driven mainly by interest rates. Of course thats going to create an environment of euphoria and expectations amongst investors and...
  3. Redom

    Property Prices Doubles in every 10 years rule

    Dont think immigration is going away. Population growth is one of many factors that underpin structural demand for property. But theres an important supply side story to it too. Thats the part thats often missing in discussions. There's generally fewer factors that control this...
  4. Redom

    Property Prices Doubles in every 10 years rule

    Hmm interesting question. Personally I don't think it can continue to go at that rate (7% compounded p.a?). I think affordability will constrain growth and there will be periods where prices move backwards (What? prices moving backwards? I must be crazy!) Agree with the point about the SS...
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