housing doubles in value every 10 years, page-5

Hello BG,

My point was you have forgotten that wages rise with inflation which was the answer to the 'where have I gone wrong'.

You are correct that not all wages rise higher than inflation, and you are also correct if you are disputing that house prices double every 10 years. If your

I subscribe to this truth about house prices: http://badmoneyadvice.com/2009/02/house-prices-long-view.html

http://3.bp.blogspot.com/_uIEqQh4aLOQ/SZxmpGGAIhI/AAAAAAAAAA8/B40d9CNkDKw/s400/HousePrices.jpg