Friday 17 December 2010

Bad time to buy property, says Capital Economics | News | Mortgage Strategy

Bad time to buy property, says Capital Economics | News | Mortgage Strategy

Paul Diggle, property economist at Capital Economics, says that growing fears over inflation and high house prices means house price rises can not be relied on.

He adds that residential property is currently a poor prospect for those looking for decent real terms capital gains over anything less than the very long-run.

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