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Michael's house is a high quality home in a nice area. I'd expect it to have a low yield like all top end property. What your saying might apply to lower end housing. I't irrational to me that buying and renting should cost the same. Shouldn't buying cost more? It should, as there is a...

I'm trying to see these upticks and house booms, but it seems all over the place to me. For example, the big 87 to 90 house price boom co-incides with a rise in the chart from 87 to midway into 88, then a big drop into 90. House prices on average almost doubled from 87 to 90. The biggest...