owning propert is good

  1. 575 Posts.
    many who rent, are boosting the wealth of others.Just like this chris guy keeps going on about how wonderful shares are and property is rubbish. Well being from England i bought 2 houses 5 yrs ago in u.k. The first one was the family home 180,000 pounds which i then sold 2 yrs later for 350,000. i had a rental bought for 49,000 which was sold for 148,000 after just 3 yrs ownership. I now live here in New Zealand and spent 750,000 on a new house which after just one year is now worth 1.3 mill. so as much as im a lover of shares ,shares couldnt have made that kind of money in such a short space of time. dont put all your eggs in one basket or you will lose not just your shirt mate...
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