Salient to Investors: In France, joblessness at a 15-year high, property prices near record highs and new taxes have made households reluctant to borrow to buy homes. Credit Logement and CSA say the average housing investment funded with loans represented 3.73 years of the buyer’s income in March 2013, the lowest since January
READ MORE... →Salient to Investors: Research by Elroy Dimson, Paul Marsh and Mike Staunton at the London Business School shows: For many people, the long-term has to be very long-term to guarantee that they do not lose money – unfortunate timing can mean it can take several decades for markets to make
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