redmond asked...whjy have house prices doubled when they have never doubled before...????hohoho surely you jest ???
in 1970 house prices were about 12,000- 15,000....lets see how many times has it doubled....probably every 5 years or less...by 1985 they were about 80,000
heres the link..20 years from 1986 to 2006,,,,you add up how many times prices have doubled..... but you do not believe the ABS, HIA or any of the groups that record the data.... http://www.aph.gov.au/library/pubs/RN/2006-07/07rn07.pdf