Re: You never forget your first house!
I have an example on how the price of houses have leaped up over the years:
My Brother purchased his newly built bungalow on Edinburgh Drive Oswaldtwistle in 1961 for £1'400. He’s been living for the last 30 years or so in the South. Some 2 to 3 years ago he noticed that his old house was on the market for £180'000!
All in all, property is a good investment.
Cheers
Philip Kenyon
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