Reasons why you should be investing in property:
Shock proof:
Recent reports have stated a new space of emergency in real estate sector. Buyers are waiting for the prices of property to fall down to make an investment. The property prices have not reduced in recent times and do not show any inclination of falling down anytime sooner. Unlike other investment areas, real estates are less prone to market fluctuations. Market changes do not affect property prices.
Smart investment idea:
Most of us want to buy a house as soon as we can arrange money or have saved enough to buy the dream house or be able to take enough loans for it. Some people look at it as an investment to sell in future and reap the benefits. But the buying and selling of property are capital-intensive takes time.
Emotional stability:
Studies have shown that people who buy houses are more emotionally stable. Even though you might be under a huge mortgage debt, it will give you a sense of satisfaction of owning a property. Moving a house very year is difficult and stressful. Having that one place to call home is emotionally fulfilling and satisfactory.
Security:
It also provides security in the sense that no one can move you out of your house by giving a notice. You don’t have to pay unreasonable increase in rent every year and pay certain agreed amount every month to the bank or housing finance companies.
Freedom:
Owning a house gives you freedom to decorate it the way you like, as opposed to seeking permission from the owner if you ever want to change the colour of walls etc.