Just attended a presentation by Bernard Salt...some stats from...

Just attended a presentation by Bernard Salt...some stats from that

Sydney 1,863,000 (1954) 4,841,000 (2014) Forecast 7,688,000 (2050) + 59%
Melbourne 1,524,000 (1954) 4,440,000 (2014) Forecast 7,670,000 (2050) +73%
Brisbane 502,000 (1954) 2,275,000 (2014) Forecast 4,188,000 (2050) + 84% (+ add GC 1,225,000 + 99%)
Perth 349,000 (1954) 2,021,000 (2014) Forecast 4,633,000 (2050) + 129%
Adelaide 484,000 (1954) 1,305,000 (2014) Forecast 1,797,000 (2050) + 38%

If you believe in the past trend, history and these forecasts are even remotely close, you'd have to have rocks in your head to believe that property will ever get cheaper over mortgage lifetime. ie: rent free asset minimum as PPOR + inflation + leverage.

And, I guarantee you we'll hear the same old same old crash/ bubble in 2050.