Real Estate Prices can very comfartably gorw up accourding to Economics
Where the demand is high as we beleive theat people with move form Rural area to urban areas, expecially big cities real estate prices can increase by more than 8-9% annualy for more than 20 years.
In India economists expect that more people will be moving to cities like Mumbai/ Delhi in coming time. The population of theese cities in expected to grow by more than 3-4% annually and with new high paying jobs and talent flocking in we feel that this is very well possible.
You can go back to Japan where cities like Tokyo& Oklahama has shown this level of growth between 1960's to 1990's.
In Chila the trend is on in Sanghai.
Not that I want the prices to rise and I am a firm beliver that there should be housing to all but this is bound to happen in free market economies whith loose lesiglaitons as in India
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