Agreed. And from perspective of the EA portfolio, the investment has some diversification benefits. YTD Oxford property prices are up +8% , whereas the rest of the EA portfolio (Meta/Asana/crypto) has dropped >50%.
side point on a pet peeve. Raw house price increases don’t account for the cost of improvements and renovations and the effect they might have on the value of property. eg Some houses might have gained in value because the owners added a bedroom
Agreed. And from perspective of the EA portfolio, the investment has some diversification benefits. YTD Oxford property prices are up +8% , whereas the rest of the EA portfolio (Meta/Asana/crypto) has dropped >50%.
side point on a pet peeve. Raw house price increases don’t account for the cost of improvements and renovations and the effect they might have on the value of property. eg Some houses might have gained in value because the owners added a bedroom
Relevant.
Also I’m sure it’s said a million times in this thread but upkeep may be high for this property.
Hasn’t actually been said that much and is a really important point