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admin
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Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston
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 Posted: Wed Aug 17, 2005 5:17 pm GMT Post subject: Real estate has historically exhibited low appreciation |
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Quote: He dismisses the arguments used to justify the property explosion, like higher building costs, changing demographics, a shortage of land and low interest rates. 'There are always popular explanations for the boom, but they are obviously not always right,' he said. Over the long term, he argued, property has not been that good an investment. Real house prices in the US, for example, rose by an average of just 0.66 per cent per year in the 114 years between 1890 and 2004 - and most of that was thanks to the boom of the past few years.
http://politics.guardian.co.uk/economics/comment/0,11268,1461424,00.html
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Guest
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| Posted: Wed Oct 12, 2005 10:49 am GMT Post subject: Delayed |
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Delayed again, why now? V |
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admin
Site Admin
Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston
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| Posted: Wed Oct 12, 2005 1:45 pm GMT Post subject: |
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What was delayed?
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