The Economist Who Just Won a Nobel Prize Thinks Owning a Home Is a Terrible Investment

Sobering thoughts for post-crash Ireland, predicted as far back as 2007. Unfortunately very few were listening then – or seem to want to remember now…..

‘Historically, between 1890 and 1990, the actual rate of return on owning a home has been virtually non-existent.’

The Economist Who Just Won a Nobel Prize Thinks Owning a Home Is a Terrible Investment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s