A holiday home may seem like a good addition to your portfolio (just think of those massive rent returns in the Summer) but don’t forget the traps holding a holiday house can have.
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Blindly accepting that prices will double every 7 to 10 years leads people to make grave mistakes with their investments. Nobody has a crystal ball that tells them the exact dollar value of a property 10 years from now, but that doesn’t mean that smart investors can’t establish reasonable grounds for predicting the direction and strength of market movements in the short to medium term.
