ah ok i get it now, so what your post is saying is:
in 10 years house prices have tripled
and CPI has gone up 30%
that sounds like even.
so property overtaking CPI by 170% which is the real cost growth of producing property is safe and will never be retracted back into?
sounds like housing is trading at just over double the norm to me. What happens in other markets like oil, shares, wool, etc when the comodity trades at double the norm? does a correction usually follow?
