Property Now
Can House Prices Really Keep Doubling Every 10 Years?
From the 1970s to the early 1990s, NZ house prices genuinely doubled every decade.
In the mid 1970s, they doubled in under three years.
In the late 1990s, it took closer to 15 years. During the boom, five.
In this episode of the Property Academy podcast, Ed and Andrew look at the real data behind the “house prices double every 10 years” rule:
● Why the long run average is closer to 12.5 years than 10
● Why starting the clock in 2000 drops the result from two in three to 43.8%
● Why stretching the target to 15 years produces a clean sweep, and why that still isn’t a forecast
● And why the 2020s are on track to be the weakest decade for NZ house prices in seventy years
Ten years was never a rule. It’s the middle of a wave. Test out the House Price Doubling Calculator here: https://house-price-doubling-calculat...
Ok, now for the legal bit:
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
Related videos in this series
How to 5x your returns in property investing⎥Ep. 2020
How to 5x your returns in property investing⎥Ep. 2020Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013