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RakeCat71

  • RakeCat71 replied to the topic Jan Somers – Building Wealth in the forum General Property 4 days, 19 hours ago

    A qualification – I believe Jan was speaking of `landed property.’

  • RakeCat71 replied to the topic Jan Somers – Building Wealth in the forum General Property 4 days, 19 hours ago

    Hi Terry,

    I doubt Google’s validity in this regard.

    In this regard we need to bear in mind that realtime, quoted, property prices fluctuate, sometimes wildly.  Jan Somers was speaking about the 30 year average – which I have found to be accurate for a property held for the past 30 years, as well examining the price of an inner city property in t…[Read more]

  • RakeCat71 replied to the topic Jan Somers – Building Wealth in the forum General Property 4 days, 19 hours ago

    Hi Terry,

    I doubt Google’s validity in this regard.

    In this regard we need to bear in mind that realtime, quoted, property prices fluctuate, sometimes wildly.  Jan Somers was speaking about the 30 average – which I have found to be accurate for a property held for the past 30 years, as well examining the price of an inner city property in the l…[Read more]

  • RakeCat71 replied to the topic Jan Somers – Building Wealth in the forum General Property 4 days, 19 hours ago

    Hi Terry,

    I doubt Google’s validity in this regard.

    In this regard we need to bear in mind that realtime, quoted, property prices fluctuate, sometimes wildly.  Jan Somers was speaking about the 30 average – which I have found to be accurate for a property held for the past 30 years, as well examining the price of an inner city property in the l…[Read more]

  • RakeCat71 replied to the topic Jan Somers – Building Wealth in the forum General Property 1 week, 6 days ago

    Long time between drinks I know, but when in the late 90s I read what Jan Somers said in her book about the annual compound interest rate of growth for inner city Australian property over a period of 30 years being 11%,  I checked it out with an old  friend who had previously puchased an inner city property thirty years earlier.  The caclulated re…[Read more]

  • RakeCat71 replied to the topic Jan Somers – Building Wealth in the forum General Property 1 week, 6 days ago

    Long time between drinks I know, but when in the late 90s I read what Jan Somers said in her book about the annual the 11% compound interest rate of growth for inner city Australian property over a period of 30 years. I checked it out with an old  friend who had previously puchased an inner city property thirty years earlier.  The caclulated r…[Read more]

  • RakeCat71 replied to the topic Jan Somers – Building Wealth in the forum General Property 1 week, 6 days ago

    Long time between drinks I know, but when in the late 90s I read what Jan Somers said in her book about the annual the 11% compound interest rate of growth for inner city Australian property over a period of 30 years. I checked it out with an old  friend who had previously puchased an inner city property thirty years earlier.  The caclulated r…[Read more]

  • RakeCat71 replied to the topic Jan Somers – Building Wealth in the forum General Property 1 week, 6 days ago

    Long time between drinks I know, but when in the late 90s I read what Jan Somers said in her book about the annual the 11% compound interest rate of growth for inner city Australian property over a period of 30 years. I checked it out with an old  friend who had previously puchased an inner city property thirty years previously.  The caclulated r…[Read more]

  • RakeCat71 became a registered member 1 week, 6 days ago

RakeCat71

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