House Price Growth

Long-run (50+ years): 3–5% annually in US and UK. But it varies massively by decade and location. 1980s–2000s saw 4–6%; 2008 crash was −20%; 2020s bounced back.

Absolutely not. Regional dynamics shift. Suburbs boom while city centers decline. Industries move. Rate your location: transport access, schools, jobs, population growth.

Nominal growth includes inflation. If inflation 3% and house price rises 5%, real growth is only 2%. Don't assume all appreciation is wealth—some is just currency devaluation.