Search results

Thanks Shane. So essentially what you are saying, is you have not yet seen a boom as big as this one before?

House prices have NEVER been this overvalued, so I find it hard to believe you have seen a couple of these events in your lifetime. On the graph I don't see any bubble anywhere close to the size of the bubble we have at the moment, and the graph goes back to 1880. What years did you see...

I guess that's where the myth stops doesn't it. For the price/average wage to stay constant, then it assumes wages also double every 7 to 10 years! I don't think some people comprehend the power of compounding. (But don't tell too many people, otherwise when the music stops we will have a...

Cool. Nigel Stapledon of the University of NSW School of Economics has done a study on long term house prices in Australia. If you notice the bottom of the chart, the source for real house prices comes from Stapledon. The average dwelling price in Australia in 1880 was the pounds equivalent...

I don't think you need to prove to us D&G-ers that it can be done. Looking back at the market over the past 8 years, it's impossible not to make money. It's no different to the share market. While you guys were pushing property sky high, increasing debt exponentially, a lot of this excess money...