Property price can be affected by many factors, it
includes location, supply and demand, natural disaster,
economic growth and stability, government policies
etc,
While inflation on the other hand can be affected by war, market
liquidity, industrial cartel, currency fluctuation, interest
rate, taxation etc.
By claiming that inflation is a function of property price, you
are simply showing your lack on understanding in what you are
talking about.
No foundation in Economics? I think you should keep this
statement for yourself instead.
Aiyo!
Don't give me all that crap. Cite a research from a University
like me (NUS), that states "Properties are a good hedge against
inflation" or in your case "Properties are not a hedge against
inflation".
If you can't retort directly you beat around the bush.
Can you dispute the data I have presented?
No?
Everybody knows that property prices are affected by all those
events, it does not add value to your argument by stating the
obvious that does not contradict my evidence.
Might as well say you need cement and steel to build
apartments. 
It's a fact, but it does not dispute my evidence that housing
prices in US far exceeds the CPI index.
I think those NUS authors also lack understanding of property
prices and inflation.
You are actually much smarter than them.
Oops forgot to post the NUS link
for the benefit of folks here who don't have the time to read
through the other link you provided.
http://www.rst.nus.edu.sg/staff/singtienfoo/dollarDEX%20seminar%20-%203%20Aug.ppt
