go to the RBA website, there is an inflation calculator there..
the simple fact is doubling your money in 2 years is better than doubling your money over 20 years, because inflation hasnt eroded away the value of the return..
I have already done the maths on this previous with a example kincella gave on a house he claimed increased in value many fold, but after applying inflation it showed it was only up 15%
the simple fact is, housing does not really inrease in value, it is a house, and will always be a house.. so for house _value_ to more than double clearly shows it is extreamly over valued.
house prices compared from the 60's to say the 90's price difference is just inflation, it still holds the same value in the 90's as it did in the 60's.
