House prices soar in city's hot suburbs - Page 6

Originally Posted by Geoff

Accounts for quality? Are you sure? I have looked for data on quality changes before and have found a lack of it.

After a 2 minute search on that website I couldn't find that graph. If you could post a link to it i'd be quite interested in any data accounting for quality changes over time, and the methods used to assess quality.

Originally Posted by stubbornmule

While this is not quite as close to a straight line, it still shows that prices have been increasing at something like an exponential rate since the late 1950s.

That's just data, no deception! In fact, I would have thought the chart would be grist to the mill of those who think the market is a bubble, as it may be reasonable to conclude that it cannot possibly be sustainable for prices (adjusted for inflation and quality) to continue to grow at around 2% per annum. Why should they after all? I myself struggle to see it as sustainable. Still, as for predicting a bursting of the bubble, you have to answer the question, why now when the growth has been going on for so long?

Originally Posted by Sherlock

The stars have aligned for Australia -- we may be on the cusp of a golden decade, or more!!

Originally Posted by Sherlock

The stars have aligned for Australia -- we may be on the cusp of a golden decade, or more!!