Thanks Hawkers .The chart you refer to has a time scale that ends at the year 2000 . I hope you're not basing your argument on that one single chart ? That's for Sydney btw. Actually , you should read the whole article as it provides a bit more perspective.here's the link .http://www.stubbornmule.net/2009/06/property-prices/Now here's a different chart .As you can see , a vastly different story . I don't see any " verticality " there.
