Boom bust cycles affect property too - Mary Holm
Q. I've been following the recent discussion regarding the houses bought in 1968 and the increases in value above inflation. Even if property prices go up or down it is easy to find areas that always do better than the average (coastal areas of Auckland, areas of Wellington etc), and these are offset by areas that will always be below average (check most of the areas listed by
Sunday, May 30th 2004, 8:07AM
by The Landlord
Winz as not supporting jobs).Are there areas in the sharemarket that will consistently increase in value above average for the next 30 years? Do you have examples from the past 30 years?
To increase the value of any property I own, I can do something about it (clean it up, add a room, subdivide etc.) What can I do to increase the value of my shares?
Am I right in my understanding that investing in shares is nearly always done through experts (share investors, traders, etc) and these experts still can't consistently succeed. Yet property investment and property trading can be done by anyone with no experience, and in most cases they do well?
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