March 31, 2010

Bricks and mortar - a crumbling investment?

Chris Joye talks about the latest housing index for Sydney, despite the incessant beat up by the press the facts are real estate is hardly a stellar investment performer;
In real terms (ie, after accounting for inflation), Sydney house prices have fallen over the past six years. 


Compare housing with Cellestis




The press dont talk about Cellestis because they can't sell them advertising space.


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