a house is a house, it is not a assett that grows. there for comparing house prices against inflation to track the cycles off boom and bust surly is a SMART thing to watch is it not?
do you think its silly because its at a very high stage in the cycle, and you dont want to belive that house prices can fall so you then dismiss this obvious fact of the cycle?
dont you think its extreamly foolish ignoring a law of physics that has been around since the begining of realestate?
