Why'd you say 5-7% as if it were an expectation, and you already said previously that it was obvious that houses were going to rise in price.
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Yes in the near term I stand by that I.e the next few years. I think they will continue to rise beyond that as well on average as it's what property does but perhaps the rate of increase won't remain the same but 5% p.a. is a pretty reasonable estimate,
Who knows beyond that.
Who knows what inflation will do in that time.
I don't think Daytr was actually taught ratios at primary school...
Daytr, I can refer you to a tutor if you'd like.
I'm dead serious Daytr, I have a friend who can teach you. A man with a career like yours can afford it.