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Reply to "How do I calculate what a house will cost in five years? Ten years?"
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[quote=Anonymous]You need to create a simple model that takes into account likely interest rate changes, inflation in cost of building materials, productivity in the house-building sector, land availability, changes in average household size, changes in population in the area you are looking at, average wage growth, and demand for housing as an asset class. This should give you a rough picture.[/quote]
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