that doesn't make a great deal of sense to me, still trying to establish the price of milk/houses relationship.
I will admit I don't know what is driving this trend but I believe people will keep pushing the prices up for the next 18 months( a bit like those people who buy at the highs) Property has definitely been ramped up, but it's obvious that today people have alot more money than they did of yesteryear
Look at all the millionaires there are today alot more than there was 10-15 years ago. In the 1980s 1st Division lotto JACKPOT was $250,000 big difference to todays 20,000,000 plus.
I also believe if we have another stockmarket crash property prices will skyrocket alot of people have been burnt severely.
If you have a nice house in a great location you will always kill the pig, look at all these reality programs and see what prices the people pay, there not buying a house there buying a lifestyle.
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