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Is investing in ASX shares better than property? – The Motley Fool Australia
With soaring property prices, are houses really a better investment than ASX shares? Here are 3 reasons why this might not be the case.
At the start of this week, the S&P/ASX 200 Index(ASX: XJO) seemed to take something of a back seat, as it is inclined to do from time to time. In its place, investors were abuzz at news out of the property market.
According to a report in Monday’s Australian Financial Review (AFR), property values rose at their fastest pace in almost 17 years over the month of February. Home values reportedly rose 2.1% over the month, and investor home loans 9.4% in January to their highest levels in four years.
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