What is a Blue-Chip Property?

What is a Blue Chip Property?

What is the most important thing to think about when buying a property? If you think Blue-Chip property is going to continually rise in the LONG TERM (like it has in the past), it doesn't matter nearly as much as what you pay today, the most important thing you should be asking yourself is how much it will be worth in 10-20 years time? Why is this so?