Friday, September 9, 2011

House prices are not really a safe investment

Why buying property is no panacea

ANYBODY interested in the housing market and in trying to preserve their wealth in these uncertain times should take a look at a fascinating new book. Safe as Houses: a Historical Analysis of Property Prices is full of useful facts – and a stark reminder that investing in residential property isn’t as sure a bet as most people believe. Author Neil Monnery has studied house prices over the long term around the world and confirms that – globally – they tend to grow at one per cent above the rate of inflation over very long periods of time.

Posted by warren @ 12:49 PM (1353 views)
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2 thoughts on “House prices are not really a safe investment

  • got to be worth a tenner, im buying.

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  • Hello Neil, fancy seeing you here! Looking forward to reading the culmination of your research.

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