Auckland housing market

[vorno]

Don't think houses will double every ten years, as it will just not be affordable to anyone. However, I do think it will increase by 50% in the next ten years, it has to be more than inflation.
Impossible for it to double every tens years. Which means a house in epsom and mt eden, the minimum price you would be looking at 3million? Thats insane. Herne bay 4-5 million?

Incorrect - the average value does double ten years, unless of course you're not in a popular area (Gore anyone?). The only consolidating factor is every recession, which slows it down. However the same 10 year average does tend to apply.

Numerous examples can be given. How much did houses cost for your folks? When did they buy? Do the math, it may just surprise you!

EDIT: Yes it is unaffordable for many! However if you have 2 salaries and if you're good with your money then it can be done. I myself am limited to a $300,000 budget currently - So, I ask you, what can I buy for that in Auckland?