Even the Asian Century will have ups and downs as none of them are in particularly good shape and every century is un-charted.
You mention key locations?
Real estate has always used this ridiculous, useless Median Value term which is a non descriptive term to try and pigeon hole property into one neat little box.
Property of quality in a quality location will always act differently to the normal proletariat selection so if that is your definition of key locations I may agree.
Property of quality also goes up and down in value but for different reasons than the majority of the stock
