Attention: To the people that think property prices will rise by 10% pa.
Can you please give some other reasons apart from lifestyle, supply/demand, interest rates and migration?
You are only looking at what has occured over the last 5 years. Take a look at the reasons as to why it has occured and then look at whether it will continue. You may be suprised when you actually do the number crunching.
Do the numbers yourself and see.
BBM
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