Surrey House For Sale
An article in the Sydney Morning Herald on 12 October carried the headline: “Houses no longer the best investment.” It’s such an interesting claim that the article by Simon Johanson deserves further exploration.
Simon Johanson is the editor of the online version of The Age, Melbourne’s major Fairfax title. He’s written about real estate for some time including a number of articles about Melbourne’s property market.
“Residential property has been Australia's highest-returning asset class over the past 24 years - eclipsing shares,” he writes “but over the next decade it will be outperformed by commercial property, according to research by ANZ.”
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