anonymous...if we use just one point in time...the 1987 stock market crash...to 1990 just 4 years later.. house price of 86,000 in 87...to 139,000 by 1990 around 60% increase...or thereabouts... and during the horrid 1990 to 2000 when housing was supposed to be in the doldrums...it reached 229,900
over that 20 year period, it averaged 8.5% annual increases... so your increase is not too far fetched...if we say from 2009 to 2013..4 years @ 8.5%
where will they send just the 4000 Malaysian refugees...to Timbuktoo....or direct to Sydney and Melb.... will those people also want their extended families to reside here...most probably..
the house price list here.... http://www.aph.gov.au/library/pubs/RN/2006-07/07rn07.pdf
