Warren Buffet has been quoted saying:
Do you agree that this applies to property?
Would you rather buy a property with great prospects at a fair price, or an average property at a great price?
For me, a 'wonderful' property will, over time, pay dividends far exceeding the savings made on the 'fair' property.
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Do you agree that this applies to property?
Would you rather buy a property with great prospects at a fair price, or an average property at a great price?
For me, a 'wonderful' property will, over time, pay dividends far exceeding the savings made on the 'fair' property.