The eight-year bear market in property

With times tough in the stock markets, investors may be tempted to dip their toes back in to property. But with Britain's house prices still only half way through an eight-year slump, that would be a mistake, says Bengt Saelensminde.

No topic gets British people animated like property. It goes beyond a national obsession.

The trouble is that too many of us are poisoned by past glories in this market. From the mid-nineties right up until the financial crisis of 2007, the housing market created millionaires up and down the country. And it changed us.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.