Saturday, 2 May 2020
Do House Prices Double Every 10 Years?
Ever heard someone say that house prices double in value every 10 years? Is it a true statement? I have looked at the data that has been recorded over the last 68 years and I share my findings with you. The history on the average house price data is very interesting. There are a number of House Price Indices available, and I used the most popular ones when doing my research. I was able to identify if house prices doubled every 10 years, and I could also see when the longest period of time was, and the shortest period of time was, for the average UK house price to double in value. In this video I also explain why it's important that you should not invest in the property market, in the hope that property prices will double in value every 10 years. #HousePrices #UKPropertyMarket #PropertyInvesting
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