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. Read full article

Article by Allistair Heath, City AM – About Allistair Heath

 

 

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • LinkedIn
  • Reddit
  • RSS
  • StumbleUpon
  • Twitter