I would think very few people would have had the returns in general in the stockmarket over the last 10 years than what they have in property. Even though the stockmarket has performed better than property taking into account the recent volatility.
The big difference is the leverage in property, if you had spread your money across blue chip stocks and got a margin loan you would have beaten property.
Thats the risk that many dont seem to understand about proeprty in the current environment, buying a house with a loan is effectivelt buying shares with a margin loan.
The one constant with a loan is the loan stays the same regardless of whether house/share prices rise or fall, we are beginning to see more and more negativve equity.
People say its too risky to margin lend but dont think twice about borrowing for property, this is the reason property markets around the world are beginning to crash if not crash, the cost of the debt is increasing and shows few signs of slowing down.
Good luck with your property, I think you should factor in falls in prices though or at best no capital growth whilst your costs increase.
