TPP538: Do property prices really double every 10 years?
The Property Podcast
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The Longest Period of Growth for Property Prices Since the Second World War
Currently, according to Nationwide, House Prices and average House Prices in the UK is 260,000 pounds. The last time property prices were 130,000 pounds was in 2003. So it's taken 20 years for property prices to double. This ladies and gentlemen is by far the longest period of growth for property prices we have ever experienced since the Second World War. And nobody, and not even else until this week, has been talking about it. Why is nobody talking about this? We just automatically spout out our property doubles every 10 years, and people hear it, believe it, and accept it. It's crazy. I'll stop now, but it's crazy.
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