Diamonds or Property (Real Estate - Real Estate Agents)

Item ID 1171317 in Category: Real Estate - Real Estate Agents

Diamonds or Property

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Congratulations to HRH Prince Harry and Meghan Markle, the new Duke and Duchess of Sussex on their wedding. The Prince personally designed the exquisite trilogy diamond engagement ring for his wife.

Research indicates the average couple spend £1,080 on their engagement ring, with diamonds accounting for over half of rings purchased. When compared to property, do they sparkle?

The value of diamonds narrowly outclassed house prices over the last year rising by 4.5% compared to 4.4% for UK property. However, property prices have increased in value by £57,000 over the past five years, twice the price of an average wedding, while the value of diamonds has fallen.
The pink star diamond became the world’s most expensive diamond ever sold when it sold for £53.7 million in 2017. At current prices,this would buy you the equivalent of 238 homes.

What would you prefer and why?

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Target State: All States
Target City : All Cities
Last Update : 12 June 2018
Number of Views: 77
Item  Owner  : Malcolm White
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2019-04-22 (0.070 sec)