As I mentioned before, it could double in ten years if inflation goes nuts if our central bank also ends up printing a whole lot of money. That would also mean wages will likely have doubled, and the price of everything has doubled. $3.00 fuel, electricity bills, $80/kg lamb cutlets (a favourite on the property threads I hear) and $20 beers at the pub.
Even worse would be we get this inflation, but property prices stay the same.
This thread should really be titled, 'Can property continue to rise twice as fast as inflation and wages growth over the next ten years'
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- can property double in the next 7 years
As I mentioned before, it could double in ten years if inflation...
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