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Investing in Property – Angel Canine Diary

Zorro and Loba have been advised by Cash to buy a bigger doghouse. “Property goes up in price,” said Cash. “I advise you to borrow as much as you can and buy the most expensive doghouse you can get.”

I was not convinced this was a good idea, so I asked if the loans are not terribly expensive with the interest payments? Cash laughed, “interest is lower than inflation, you can’t lose. In fact, you lose your hard-earned savings if you do not invest and borrow money for a big house.”

“I like my doghouse,” said Loba, “but I guess we can do with more space. I just not sure why the property goes up in price with time, as it gets older and needs repair, should it not get cheaper?”

“No,” said Cash, “it is a question of supply and demand. Demand will never go down here in Doggy Heaven; the dogs just keep on coming.”

Hmm, this will be a problem for late arrivals. But I have heard something about the expanding universe… maybe it will be all right after all?

Or should we invest? Economy is so hard!

We will be happy to hear your thoughts

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