Saturday, Nov 21, 2009

Missed the boat

Guardian: House prices -a safe haven for investors

Forget the stockmarket and high-interest savings accounts – the best place for your investment cash during the noughties was in bricks and mortar. House prices have doubled between the start of the decade and now, even taking into account the property crash of 2007-2009.

Posted by little professor @ 12:10 PM (3649 views)
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5 Comments

1. little professor said...

Saturday, November 21, 2009 12:11PM Report Comment
 

2. Pyracantha said...

Another headline that would have people believe that past performance is a good indicator of what will happen in the future. Pathetic really.

Saturday, November 21, 2009 12:21PM Report Comment
 

3. paul said...

*Past performance is no guarantee of future returns. Your mileage may vary according to usage, may contain nuts.

Saturday, November 21, 2009 01:28PM Report Comment
 

4. wdbeast said...

"Objects in the rear view mirror may appear closer than they are"

Saturday, November 21, 2009 01:49PM Report Comment
 

5. tenyearstogetmymoneyback said...

I'd like to see this over the last twenty years.
From personal expaeriance I reckon the figures would be exactly the same

:- Duncan

Bought 1989 £65500 Sold 1999 £70500 (a whopping 7% increase if you don't include the EA fees)

Saturday, November 21, 2009 04:41PM Report Comment
 

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