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You're forgetting the capital gain in property nippy. There's...

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Bunn-Wackett

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26/04/24

11:16

Post #: 73521086
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Originally posted by nippy: ↑

Correct as 6% is the long term average for 'property'. Have to nominate a figure though and 6% it is. Deviations away from that are the concern when not justified in the short term.

In the main you have made a case AGAINST PROPERTY as an investment quite separately to the 6% figure.

6% assumes average property issues going forward.

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You're forgetting the capital gain in property nippy. There's more to it than a P&L statement.

6% long term ROI plus a doubling of the value of the property every 10 years nippy.
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