Search results

I haven't seen that stat before. What they are saying is that 25% of the increase in median price is due to improvements in quality. (A point ignored by most) This means that for the optimist who works on prices doubling every seven years, the house you buy and hold will still only double...

Go for a walk on the beach and you will prolly find it washed up. But you will never find both left and right at the same time. LOL

Tried it and ran into the sea.

No interest in history, BC?

My Grandfather's was built around then and would still be a nice home today. Better than "nice" actually. I can picture the Yanks saying something similar. :) There is a lot of "fat" in building costs and if times got tough a lot of people and councils could do things at a lesser profit margin...

Linear charts cause people to see things going "parabolic" when in fact there may only be a constant annual percentage increase. Of course spruikers know this and deliberately use it to their advantage.

There was a long period of declining prices until that mini spike in the early 50's. Doesn't look too bad, does it? I'll put a little flesh on it. My Grandfather was doing quite well around the turn of the century and bought what would nearly have been the best house in the best street in...