Property News - November 2010
Welcome to our property investment newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends.
This month we would like to welcome the contribution made by Marriott Asset Management. Please see the below link their article titled: “The great risk to a living annuity lies with capital erosion, not return volatility”
As our featured development we have focused on an elite property situated in prime La Lucia Ridge. Overlooking the Oppenheimer estate and with exceptional finishes and sea views, this newly renovated mansion represents the best value money can buy.
In addition to assessing the main challenges and opportunities for the house-building sector from zero carbon legislation, we have also provided a series of practical observations and recommendations for what needs to happen if the UK has any hope of complying with its commitments.
Year-on-year (y/y) price growth in the value of middle-segment homes for which Absa approved mortgage finance, slowed down significantly in recent months up to September this year.
Make your dream home a reality … in this market it is critical that you use the services of an originator who knows how to position your bond for optimal success.
The South African economy expanded further in the second quarter of 2010, but growth moderated somewhat compared with the first quarter of the year. Real gross domestic product (GDP) increased at a seasonally adjusted annualised rate of 3,2% quarter-on-quarter (q/q) in the second quarter, down from 4,6% q/q in the preceding quarter.
When investing for retirement, age 30 to 60, the aim is to accumulate capital. All investment Income is re-invested, often tax free. The post-retirement phase, age 60 to 90, differs as the investor draws an annuity from the investment. The real threat to the annuity lasting is capital erosion, best described by….