yeah and the Australian economy has grown faster than inflation for decades! I think property is overpriced right now but I don't believe it's going to take another 100 years for today's buyers to break even, even in inflation adjusted terms. That notion is ridiculous.
Do you reckon people who builtt those beautiful Italianate properties at the height of the boom in Fitzroy North and Carlton North are really only breaking even today, when the population of Melbourne is 10+ times bigger and inner city land is scarce and premiums are paid for inner city living and Victorian era homes?
