Of all the idiotic housing reports that I have read in my time, the Aussie Home Loans / CoreLogic 25 years of Housing Trends report has to be among the worst. According to this report, the median Sydney house price could exceed $6.3 million in 25 years whereas Melbourne’s median house price could exceed $5.8 million:
Strong housing market conditions over the last 25 years have boosted median house values by 412 per cent or $460,000…