19. Safe as houses
‘Mid pleasures and palaces though we may roam,
Be it ever so humble, there’s no place like home.’
‘Home, Sweet Home’ from The Maid of Milan by J.H. PAYNE
For many of us, our home is our most valuable asset. You need to know how you can manage that asset to best effect.
We are increasingly looking to property as the source of our future financial well-being. This doesn’t seem an unreasonable expectation. After all, property as an investment has historically been a very good bet. Despite a few blips, the value of property has risen consistently and as long as we’ve been prepared to hunker down and hang on during the occasional dip in property values, we’ve done pretty well for ourselves. With house prices regularly hitting ...