From: "Sam Smith"
Newsgroups: uk.finance
Subject: Re: House Buying Myths
Date: Wed, 31 May 2006 15:47:34 +0100
"Jeremy Sanders" wrote in message
news:e5hakq$gek$1@gemini.csx.cam.ac.uk...
> But over what time scale? Look at Tokyo property prices:
> http://www.stepon.co.jp/ir/ar/ar2003/5e.pdf
> Decreasing prices for over 10 years. It's going to take a lot of increase
> to
> get back to what a saving account would have gained in that time.
>
Eh? What has that to do with the UK property market? Look if you don't want
to invest in property then fine but I have constantly found they offer far
better returns than saving accounts over a 10 year period or more. Yes they
are at a peak right now but you have to look long term and what has Tokyo
got to do with anything?
---
Sam
|