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Feb 10, 2012, 06:55:14 AM

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Property Investment

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Topic: Property Investment (Read 500 times)

josek

Beginner

Joined: Oct 2008
Posts: 12

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josek is from United Kingdom

United Kingdom

Oct 30, 2008, 03:00:52 AM

Hi

Many think the worst place to invest at the moment is property.

Why is that?

Its all bad news. Credit crunch, falling house prices, withdrawal of mortgage facilities etc.

Well despite all the doom and gloom there will be those who adapt to the new market and still make a fortune out of property.

Kristopher

Junior Member

Joined: Jul 2008
Posts: 52

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United States

Jan 22, 2009, 12:45:05 PM

Really there are only three classes of things that drive prices up. Below they are listed.

1. Buyer's Perception of Scarcity - This one is the biggest and can at times seem to be for no sensible reason.

2. Affordability - Either by a reduction in interest rates or a rapid increase in the median earnings of an area.

3. Increases in commodities used in the construction of homes

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