i'm trying to
ascertain the costs associated with property investment (eg, mortgage,
council tax, ongoing repairs/running costs). These things are not
insignificant and often overlooked by people blinded by the potential
'gains' of property investment - gains being taken simply as the price the
house was sold for, divided by the purchase price.
Of course, this is old news but to date i have been unable to find data. My first thoughts were to
investigate the various articles on 'renting vs. buying', on the basis that
these articles must surely have encountered (and hopefully overcome) the
issue of running costs. Am I barking up the wrong tree? If so, any other ideas as to where I could look?