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Old 24-03-2008, 09:41 PM
realestatemart realestatemart is offline
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Quote:
Originally Posted by Jeremy Sturgess View Post
You may be right but all the people I know who have ever made real money in property (many by accident and fewer by design) always ended up deciding it was better to stretch themselves to buy the best location (location location ) they could afford. Knightsbridge has always been more expensive than Fulham and in a rising market the prime locations rise faster and higher. In a falling market they fall more slowly and there is better liquidity as more people want to actually live there and the rich feel the pinch much less in a downturn.
100% true and this 100% apply to Sahl Hasheesh As Well
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