Do House Prices Double Every 10 Years? | 2023

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Do House Prices Double Every 10 Years? | 2023

🏡 Ever heard someone say that house prices double in value every 10 years? Is it a true statement? I have looked at the data and 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.

CHAPTERS:
00:00 Introduction
00:45 Who am I?
01:04 How much have prices grown?
01:57 When did house prices double?
02:24 Recently... how long has it taken to double?
03:21 Where have house prices doubled in last 10 years?
03:50 Where have house prices dropped?
04:00 Where should I invest?
05:15 What else effects value doubling?