Doubts raised over second property investments
Investors considering a second property as an alternative to putting their savings into shares should look before they leap, the Abbey National's wealth management company is warning.
Investors considering a second property as an alternative to putting their savings into shares should look before they leap, the Abbey National's wealth management company is warning.
‘Demographic and economic changes will limit the opportunity for attractive returns will limit the opportunity for attractive returns from property over the long term,’ according to John Kelly, head of investment at Inscape.
In a new paper, Investing in a second property. Is it as risk free as people think?, Kelly concedes that property has recently proved more advantageous than equities.
But he argues that returns from property in the future could be seriously affected by demographic changes. He points out that the proportion of the population in the first time buyer bracket has already peaked, and that the key 35-45 age group, which supports the family home market, peaks in the next few years.
He adds that, looking at the long term, equities have produced better returns.
The numbers you crunch tell a story. Your expertis...
22yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article