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. Check out our NZ House Price doubling calculator for yourself. Let us know your thoughts by leaving us a voice message on the Property Academy Hotline For more from Opes Partners: Stay ahead of the NZ property market Instagram TikTok