Property: Always a good investment!!!!!

**ratewhore** · 21 January 2010, 13:37

wow - for a piece of research, that's up there with 'the recession has affected peoples spending habits', that was in the paper a few weeks back.

How do people get research grants for this crap?

**BlackenedBiker** · 21 January 2010, 13:41

Originally posted by ratewhore View Post

wow - for a piece of research, that's up there with 'the recession has affected peoples spending habits', that was in the paper a few weeks back.

How do people get research grants for this crap?

Aren't you surprised that the cost of a house has increased in real terms by 400% in 50 years??

**sasguru** · 21 January 2010, 13:44

Originally posted by BlackenedBiker View Post

Aren't you surprised that the cost of a house has increased in real terms by 400% in 50 years??

No I made a tulip load from BTL in just over 10 years.
You've got to pick the right 10 years mind - 1996-2006 was quite good

**ratewhore** · 21 January 2010, 13:46

so house price inflation has outstripped increases in annual earnings over time? No, I'm not surprised.

Although it's nice that Halifax are pointing out that the quality of the homes people can't afford are much better than they used to be...

**DimPrawn** · 21 January 2010, 13:48

Originally posted by sasguru View Post

No I made a tulip load from BTL in just over 10 years.
You've got to pick the right 10 years mind - 1996-2006 was quite good

WHS.

1986 to 1996 was not as good.

I don't expect 2010 to 2020 to be much cop.

**TimberWolf** · 21 January 2010, 13:48

They probably took most of your working life to pay for, then and now, though. Houses also seem to be getting smaller.

**AtW** · 21 January 2010, 13:53

Originally posted by DimPrawn View Post

1986 to 1996 was not as good.

Let me guess - they did not have Liebor Govt in that period?

**sasguru** · 21 January 2010, 13:53

Originally posted by DimPrawn View Post

WHS.

1986 to 1996 was not as good.

I don't expect 2010 to 2020 to be much cop.

Still recall my first property bought in 1995: a two bed Victorian garden property in London zone 3 - for, get this, £56K

**AtW** · 21 January 2010, 13:54

Originally posted by sasguru View Post

Still recall my first property bought in 1995: a two bed Victorian garden property in London zone 3 - for, get this, £56K

They gave it away for free after you left it.

Property: Always a good investment!!!!!