In 1959 this 4 bedroom home sold for $10,000 in Sydney.🇦🇺
In 2023 it just sold for $50,000,000.🤯
Australian property couldn't be in a bubble... 🎈 📌 
Discussion
Deflate the nominal price change by the money supply increase.
Just like you did for stock markets.
Then the extent of the bubble will be more clear.
A lot of monetary premium is going to shift over the next decade.
As a home owner & Bitcoiner, I'm not mad about it. I look forward to it.
They found a gold mine under it in 1971 maybe?