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  • I don't think property is all that great an investment unless you really know the market or are just getting on the ladder. The initial costs are high, the total costs are high, the risk is high, it's long term. Switching from renting to buying - sure, but buying to let or to try and sell on, I'm not confident it's a good deal any more. All the people who got rich off that started years ago in boom times and rode that overinflated property value wave.

    There are people out there still making money from property but it's no different to any other business as in you can't just expect to become an overnight property speculator. It takes time, knowledge, contacts and so on. Oh, and money. Preferably lots of it plus a healthy input of OPM.

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