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  • Property Prices

    1972 - some things don't change!

    Some things never change - enjoy 1972!

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    Learn Change and Adapt ?????

    1972 is calling and wants its housing crisis back! Smile

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    Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **5 reasons to get your FREE portfolio review NOW**

    Fascinating! Thanks DL.

    I think the GBP/USD exchange rate was about 2.5 at that time.

    I bought my first property which was 2 bed conversion flat 10 years later - it cost me £30k.

    That same flat would be well North of £500k now.

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    Good find dislexic_landlord

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    The question is could we see a similar video in 40 years talking about house prices now ?????



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    Learn Change and Adapt ?????

    Wow ! - Time is indeed  yes very kind to investors

    No need to haggle really - just buy at asking price

    Time will look after you

    1972 - 2017  - Make a bundle

    2017 - 2062  - Make a bundle

    Acquire assets today

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    Jonathan Clarke. http://www.buytoletmk.com

    "An ancient monstrosity near Hyde Park" is how 29 Stanhope Terrace was described in the video

    The listing on 26 Aug 2016 read

    "To be sold with a 999 year lease, this is a great development opportunity moments from Hyde park.

    With an internal area of 125 m2 and currently arranged as four bedrooms, this property is totally un-modernised and a requires full refurbsihment but the location is excellent and there is a great opportunity to add value."

    Additionally, zoopla says

    "this flat was last sold on 22nd May 1998 for £329,500"

    Back in 1972, the exchange rate was approx 2.5, so the $108k = £43,200

    Today the exchange rate is approx 1.5, so the £1.5m = $2.25m

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