Tangentland,
You say...
"These houses were going for about $500 10/12 years ago."
Are you saying that 500k house going to 1 mill in 10/12 years is somehow unbeliveable....that it's not right....that prices are too high?
How much did you pay for petrol per litre 12 years ago?
How much did you pay for a Big Mac 12 years ago?
How much did you pay for rent on a 3 bedroom house in Metro Sydney 12 years ago :-)
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