Property's position as the most likely investment to generate a good return is over, say brokers.
A third of respondents to an exclusive IFAonline survey – 32.2% and by far the biggest proportion – resoundingly say they wouldn’t choose property as an investment in 2007. And more than half of those surveyed are wary of the dangers of investing in property at the moment. Their response comes as little surprise, given rising interest rates and shrinking rental yields - and an expected further rate rise tomorrow. Yet the second-most popular option – “Probably, it usually does well” – garnered a surprisingly high 27%. And 15.8% of those surveyed are convinced property is still a good in...
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