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Real estate has historically exhibited low appreciation

 
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PostPosted: Wed Aug 17, 2005 5:17 pm GMT    Post subject: Real estate has historically exhibited low appreciation Reply with quote

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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PostPosted: Wed Oct 12, 2005 10:49 am GMT    Post subject: Delayed Reply with quote

Quote:
Quote:


Delayed again, why now? V
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PostPosted: Wed Oct 12, 2005 1:45 pm GMT    Post subject: Reply with quote

What was delayed?

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