I recently received a newsletter from a company called Mortgage and Finance. In the section "Residential Houses Are Still Investment Winners" they say the following:
"Looking back over 40 years, the price of a home in Perth has increased from $7,760 in December 1958 to $144,000 in June 1998. Generally speaking, the growth has been steady with some spermatic spurts from time to time."
Who says investing in real estate isn't exciting?!
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