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I think it does, this is the median value not the mean where large values will have a smaller affect on the dollar amount. pieman

I agree Harris, round my way land prices are $200-300 a sqft with yields about 2% if lucky. Makes holding quite expensive. pieman

I'm praying you're right buddy

Some suburbs are up 50% in one year.... If an asset goes up half in one year I would bet pounds to peanuts that its not going to move up much the next few years. pieman