Latest / The Property Academy Podcast
Can House Prices Really Keep Doubling Every 10 Years?
In 1962, the average Kiwi house cost about $7,000. By 2021, it was $895,000 – seven doublings.But not one of them took exactly ten years. So can prices really keep doubling as everyone says?
In this episode, Ed and Andrew walk the whole 60-year ladder, then argue whether the pattern can continue.
You'll learn:
How long each of the seven doublings actually took
The case for it continuing and against
The number that surprised us, even measuring from the bottom of a downturn
The lesson? Growth is the lever you control least. The two you do control: buy earlier, and buy more.
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The skinny
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