That bears little resemblance to WA over the last 40 years so I have doubts about it's authenticity. Look at 2004 - 2011 with 7 years of no real growth when the market was screaming up and got slammed by the GFC in the middle.
It's also a logarithmic scale which totally distorts reality over time by exagerating recent history and dumbing down the earler historical data shown.
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