All short term charts look great but once you step back and see the forrest through the trees and look at how these assets have faired through the generations you see how exponential these charts look since the mid 2000's.
Periods of growth followed by stagnation for a decade or so was the norm for more than half a century leading into the new millennium. It made it sustainable with wage growth and provided a steady long term uptrend, hence the adage that property always goes up, and indeed it does. The argument by most of the opposed here is that exponential growth is not sustainable. The looming correction is taking in the macro trends not micro.
