The present gloomy state of the property market is a good time to take stock and ponder how best to take advantage of the investment opportunities that will start to open up as the cycle bottoms-out before the next upswing.
Many people are now ruefully coming to accept the truth of the title of this piece. Landowning can indeed damage your wealth. But in the past, land ownership has been the route to riches for generation after generation. What went wrong?