Meanwhile, aspiring interior designers might want to
reconsider their career choice: it turns out furniture is also a terrible
investment - its value has fallen 28 per cent in the past decade; six per cent
in the past year. And Knight Frank pointed out its Luxury Investment Index
had massively outperformed equities, rising 10 per cent in the past year, while
the FTSE 100 fell eight per cent. In the same
period, gold fell two per cent, while London residential property edged up one
per cent. Luxury investments: Classic cars rise in value by almost 500 per cent, as London residential property disappoints | City A.M.
reconsider their career choice: it turns out furniture is also a terrible
investment - its value has fallen 28 per cent in the past decade; six per cent
in the past year. And Knight Frank pointed out its Luxury Investment Index
had massively outperformed equities, rising 10 per cent in the past year, while
the FTSE 100 fell eight per cent. In the same
period, gold fell two per cent, while London residential property edged up one
per cent. Luxury investments: Classic cars rise in value by almost 500 per cent, as London residential property disappoints | City A.M.
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