Friday, Jan 18, 2008
Stay out of property for at least 6 months
Guardian: Real estate
A collapsing commercial property market is bad news for homeowners. Some buy-to-let housing investors had started buying small commercial premises in recent years, and may now be hit hard. Don't catch a falling knife says the old City adage. Tim Ames, of Cathedral Financial Management, began withdrawing clients from property 12-18 months ago. He said: "We wouldn't recommend an allocation to property for at least another six months."
Posted by confused76 @ 11:47 PM (192 views) Add Comment
1 Comment
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1. European_bear said...
6 years not 6 months.....