Real Estate /
Poland top overseas property hotspot [29]
Besides "the ethics" in business is a cliche too.
i really cant agree
For sure, in long term it's better to own an apartment than to rent it. But the buyer should know that the appreciation of such apartment will go not much more than the inflation rate. So if a buyer thinks he buys a property today for 100K and in 10 years he will sell it for 200K, he is dead wrong (plus, he should deduct the inflation rate from what he "gained"). And this is what some sellers suggest to the buyer.
not quite sure what you are saying here - in the short term i can take out a lengthy mortage on a property in need of renovation, renovate it, sell it and make a profit... maximum return on minimal investment...
in the longer term, more and more brits now view property as a more realistic pension investment than what the state or private plan could provide... appreciation of property can far outstrip inflation, both in the short term and long term... in much of europe... i realise things arent quite the same in america...