Property has always stood the test of time and the big proof of this is when I ask people about their homes:
- How much did you pay for it? How much is it worth now?
This is a very important question which is the proof for many people. Investment Properties are great for planning for retirement and even we have clients that purchase them even before they have purchased their own place of residence. The reality is that many people’s investment property goes up in value faster than they can save, so owning an investment property can be a great way of ironically purchasing your own first home.
If you haven’t already, watch our video and let us know if any questions.
Thank you from Ralph Rintoule and Citrine.