we are just reverting to the mean !, page-2

Certainly a point worth considering

As a few here like to keeping telling us that property doubles every 8-10 years

and we have had a recession around every 10 years

Which means we should have had a recession around 2000/02, we did have a downturn around this time but was not anything like a recession.

Property started to move up from its historical growth trend in the late 90s and a recession would have bought it back into line.

No recession so no correction at that time and instead property continued to move further away from its historical gowth trend.