by the look of this chart from the RBA the most rapid growth in housing prices in the last 50 years occurred for a very short period under the volatile period during the Hawke years, and the next was the extended period from 2000 to 2006 under Howard.
the GFC drove a brief period of housing due to market conditions in other investment platforms becoming less secure with increasing risk, especially among the finance sector. and the legacy of the Howard Gov push for housing investment, broadening and deepening the negative gearing arrangements and opening the sector to foreign investors and immigration for Howard's Big Australia platform.
happyD if you do a little bit of research before you put your fingers to the keyboard you'll be able to make real factual posts D
