Should we panic over reports that the median house price has fallen in capital cities? We discuss why you may not need to be as worried, as the media could lead you to believe.
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Written by Matthew Lewison
Blindly accepting that prices will double every 7 to 10 years leads people to make grave mistakes with their investments. Nobody has a crystal ball that tells them the exact dollar value of a property 10 years from now, but that doesn’t mean that smart investors can’t establish reasonable grounds for predicting the direction and strength of market movements in the short to medium term.