why bother discussing property as an asset class with a lifetime renter.... property is a legitimate and good asset.... prudent investors have 3 main asset classes in their portfolio, cash , shares and property....each of the classes move in different times...so when one is up the other is down... it just seems a stupid argument when 99.9% of wealthy people all hold property....and usually have the 3 mixed equally....
even mums and dads providing shelter for their family realise its a terrific investment..... for the renter....where would you be without the prop investor to provide the houses for you...
and the mix of 60% home owners to 40% renters has barely changed in a 100 years.... think quite a few renters out there were hoping to make a killing on shares in order to get into property....seems to have fallen by the wayside now...
