Yes. Reading anecdotes about lotto winners may make some people believe that buying lotto tickets is a good investment.
Better to look at formal studies. Robert Shiller is one of the world's most authoritative figures on this topic. He concluded that over the long term, real (inflation adjusted) house prices are mostly flat.
He explained it well in the 2nd edition of his book Irrational Exuberance.
- Forums
- Property
- Turn 60k into 95mil
Turn 60k into 95mil, page-5
Featured News
Featured News
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online