Owning your own home

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Howard in reply to @NickCJ

of course that’s well easy, cheap and entirely risk free.

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NickCJ in reply to @Howard

? If you’re worried about sterling, buy euros or dollars

I’m not convinced that London property is independent of FX anyway, so I think you are long sterling whether you have the property or whether you have cash. In reality, owning property is a levered exposure so you de-risk by going to cash.

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ChasnotRobert in reply to @NickCJ

Except for almost all of the modern era, cash under performs property, so you increase risk by going to cash.

Obviously past performance is no guide to future returns etc.

Let's all do a market timing experiment with our homes - i'm sure it'll be fine.

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