But for three decades before that, equity prices easily outstripped property prices (see chart 2), so in the long run equities have been a better bet than houses.
Their returns over a sustained period of time have outperformed standard equity and bond indexes with less volatility and less risk of loss than equities.
在一段时间内持续的回报都超过了以较少的波动,少损失的风险比股票和债券指数的标准股票。
3
Valuations for European equities remain attractive relative to cash and bonds, as well as other equity markets.