My father paid £22,000 for his house, it's now worth £750,000.
I suspect that £22,000 in 1982 wouldn't buy what £750,000 would buy today, if that makes sense.
What other investment would have realised the return that buying somewhere to live in has done (on paper, he's living in it and will do so for some considerable time yet I hope!)
My father paid £22,000 for his house, it's now worth £750,000.
I suspect that £22,000 in 1982 wouldn't buy what £750,000 would buy today, if that makes sense.
What other investment would have realised the return that buying somewhere to live in has done (on paper, he's living in it and will do so for some considerable time yet I hope!)