Australia's largest stock trading and investment forum Australia's #1 stock forum

2001 housing price is right, page-12

First 12 Last

Share
Profile

Follow
Menta

6,465 Posts.

3

19/02/19

12:44

Post #: 37483862
Share

Originally posted by Box-33r: ↑

To add to this.
I built a house In 2010 and it cost around $200,000
I built another house this year and priced my original house and the price was now around $260,000.
So 9 years later it had increase around $60,000 or 30% -- which sounds about right.

So the land should also have gone up at the same rate, right? Why should the land value almost double? What could possibly cause that when the actual build cost just goes up with inflation, as the land is just sitting there?.... well I would say its because of speculators that would think housing always goes up in price -- its not like the land cost anymore to develop besides the inflation costs........ hmmmmmm we are in for some interesting times.

Expand

House prices follow credit growth. Credit expansion = house price inflation. Credit contraction = house price deflation.

Debt deflation = house price collapse.

So what lies ahead?
16 Upvote

Reply

Top Stories

GQG

KalGold rolls out detailed aeromagnetic survey across Pinjin project

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

AIM

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

ESK

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

TI1

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The winners & losers on market if negative gearing were gone

NAG

ACCC seeks Olam divestments before it can buy Namoi Cotton

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

There are more pages in this discussion • 1 more message in this thread...

First 12 Last

SPONSORED BY