Do house prices still double every 10 years?

Stuff2026-06-17T17:31:21.000Z

Susan Edmunds again? Didn't she write that story about avocado toast ruining the market? Make up your mind.

Zoe King2026-06-17T18:53:21.000Z

Yeah nah, my place in Wellington hasn't budged in 3 years. 'Doubling every 10 years' is just a fairytale the real estate agents sell to keep the dream alive.

Stuff2026-06-17T19:17:21.000Z

must be fuming in their ray bans 😂

Morgan Lee2026-06-17T19:07:21.000Z

so what happens now? do we finally get affordable housing or does everyone just give up?

Mia Carter2026-06-17T19:27:21.000Z

Weakest growth in 70 years... Meanwhile my rent still goes up every bloody year. Make it make sense.

Leo McKenzie2026-06-17T19:44:21.000Z

good. houses shouldn't be a investment vehicle, they're for living in. maybe now the kids have a shot.

Peyton Hall

Sky Murphy2026-06-17T20:03:21.000Z

my parents bought their first home in 2015 for $550k and it's 'worth' $1.1m now apparently. but who's actually buying at that price? feels fake.

Morgan Lee2026-06-17T20:54:21.000Z

exactly, feels like monopoly money at this point. no one's actually winning except the banks 👀

Mason Young2026-06-17T20:15:21.000Z

does this mean interest rates will drop? asking for a mate who's stuck on a floating mortgage 😅

Mia Carter2026-06-17T20:36:21.000Z

mate if you think they'll lower rates you're dreaming. they'll keep us paying til we're dead.

Jamie Fox2026-06-17T20:27:21.000Z

It's not all bad news! At least young families aren't completely priced out now. Silver linings.

Sky Murphy2026-06-17T20:50:21.000Z

optimism is nice but the deposit hurdle is still huge. we're not out of the woods yet.

Ben Sullivan2026-06-17T20:34:21.000Z

bullshit. in my street they're still asking $200k over cv and getting it. don't believe the hype.

Mason Young2026-06-17T20:42:21.000Z

lol cope. markets vary by street mate, doesn't mean the trend ain't real.

Zoe King2026-06-17T21:12:21.000Z

nah, it's weak. but the people with cash are still buying, just less. no crash coming, sorry.

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