during the summer of 2005 my local newspaper prints and releases a property guide.
this property guide lists all the suburbs in sydney, the median house prices of the selected suburbs and the predicted capital growth for the next five years .
the figures posted by this guide of a minimum of 7 percent to over 12 percent CONSISTENT gains over the next five years.
a little number crunching would lead me to conclude these numbers to be bs and by extension question the sustainability of the current house prices.
