Who's Smiling Now?
It's hardly surprising to hear a real estate agent hype property. But a Wellington agent should have checked his facts before telling a national magazine recently, "Quite frankly, other investment alternatives aren't looking very healthy. People are looking at the yields, and property wins every time."
Saturday, October 11th 2003, 5:14AM
by The Landlord
That's how the index that measures much-maligned international shares has performed. And it doesn't include dividends.
Sorry, mate, but it makes house prices, which grew 14 per cent in the year to June, look like snails.
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