I was waiting for that article to appear. I suppose the bears aren't going to paste that. OR there will be some excuse saying that figures are fudged.
Go and have a look at a lot of the "defensive stocks" and trace back their share price/growth from 10 years ago. From memory, 10 years ago, Telstra around $5, NAB close to $30. I know Qantas is not a defensive stock, but was a good divi and that was around $3.40. This was 10 years ago. I am sure there are many stocks for both arguments, but dividends/earnings are not guaranteed. Not saying rents are, but i would trust rents ahead of companies paying a dividend.
For the record, i own property and shares. I am not a property bull, but can definitely see the argument for property v shares. I have held both and property is well ahead over the past decade.