beechwood homes goes bust, page-41

"Fritz
That is very flowery pro's but do you have any examples?
When did property as an asset class last "return to the mean" what ever that might be."

The mean is a rate over annual growth over a long period of time, not 2 years.

Even the other blind property bulls here agree that the historical growth for property over a longer period, 10-20 years is around 2-3% above inflation

That means your $135,000 property should be worth around $176,000 now based on historical growth rates not $220,000

Which means it needs to drop by 20% or stagnate for about 5 years to return to the normal growth rate

When did property last return to it's mean?

During a long period of price stagnation during the 90s after larger than normal gains were made in the late 80s early 90s