Do House Prices Double Every 10 Years?: The short answer is, on average, yes they do. The longer answer is they may double in price, but not in value! In a recent video, I expose how the monetary system actually works. In the video, you will find out how the government is eating away at the purchasing power of your savings, and how your pay raise might be a pay cut!
If you want to understand the economy like the rich do, watch the full video until the end. You can find the video at the top of the page or via my YouTube channel. If you watch the video on YouTube, you can also leave a comment. I am very interested in what my audience thinks on this topic, so please do share your thoughts.
As a property investor, it is important to understand how money works. Without this understanding, it is hard to know if your wealth is actually increasing. In this article, I will answer the question ‘do house prices double every 10 years?’ by looking at how price is measured. This understanding will give you powerful insights into the property market and investing that many amateur landlords miss.
If we want a functioning society that works for everyone, we need to get this information out there. The more people that understand money, the harder it is for elitists to trick the public! Please consider sharing this article on social media. Together, we can help people to protect themselves from these economic traps.
1. Do House Prices Double Every 10 Years?: Yes, Priced In Government Money!
Yes, on average, house prices in the UK double every 10 years when measured in British pounds. This is an average, however, it doesn’t mean that every house doubles in price in that period. Some will go up more than that, some less. It also doesn’t mean this automatically happens every ten years. Some ten-year periods will see less growth, some will see more.
But what does this actually mean? Why is the price doubling in terms of government money? Has the demand for housing doubled in that time? To answer these questions, we need to look at other measures of value…
2. Do House Prices Double Every 10 Years?: No, Not In Gold Terms!
If you owned 200 gold coins in 1924, that would be enough to buy a house. If you owned those same 200 gold coins today, that would still be enough to buy a house! So do house prices double every 10 years? Not in gold terms!
Why is this the case? Government money can be printed at will! That means, over time, there are more units of currency chasing the same number of goods and services. Because of supply and demand, the cost of everything rises, i.e. inflation. Gold cannot be printed at will, it has to be mined. Because gold mining is costly, its supply inflates at a much lower rate. This means that goods and services priced in gold are similar over very long periods of time.
3. Do House Prices Double Every 10 Years?: No, Not In Purchasing Power!
So while your house might go from £100,000 to £200,000, you will not have double the purchasing power! Other goods and services will have gone up in price due to government money printing during that time.
If you had kept your money in the bank during that same period, you would have actually lost purchasing power! Inflation is a hidden tax on savers because while you have the same number of currency units (or even a little more due to bank interest), you can actually buy less with the money! This is why property is a better store of value than money in the bank, as it tends to retain its value!
Do House Prices Double Every 10 Years?: Yes And More, If You Know What You Are Doing!
Do house prices double every 10 years? Well, it depends on how you measure them! But if you know what you are doing, you can get huge returns from property in a much shorter period of time! What’s more, I would be happy to teach you how! Join me at my next £1 training event!
On the course, you will learn how to:
-
Become a property investor using other people’s money so that you can get started straight away
-
Utilise the 5 different types of raised finance so that you know exactly what to offer and when
-
Find the perfect properties for the BRRR strategy
-
Recycle your money so that you can ‘rinse and repeat’
-
Build a power team you can trust, so that you can save time and money
-
And much more!
Tickets are only £1, and you can get yours here. If you are ready to take action, I hope to see you very soon!
