THE rapid run-up in house prices in the last two years has brought another dimension to the term "home sweet home."
But that news alone may not account for all of its rapid run-up.
The announcement was the latest in a string of bad news about the well that ended what had been a rapid run-up in the stock price.
World oil transactions are conducted in dollars, and a rapid run-up in petroleum prices had increased demand for dollars.
Today, with the rapid run-up of the yen against the dollar, prices are climbing, inventories of have been growing and profits for some companies have suffered.
Even the rapid run-up in energy prices, economists say, poses little risk to Australia's economy.
The OPEC nations long since recognized that the rapid run-up of oil prices in the late 1970's and early 1980's was counterproductive.
The result was a rapid run-up in the peso, and in some other currencies in the region.
Because of the rapid run-up, the stocks are expensive by all traditional valuations.
The rapid run-up in oil prices over the last two years has translated into a boon for refiners after many years of meager returns.