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altyfc
Joined: 29 Dec 2004 Posts: 1232 Location: Aardvarkland
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Posted: Thu Jun 14, 2007 6:11 pm Post subject: Investing in property |
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Property investments have invariably performed well, particularly over the longer term. However, property prices are currently very high (in the UK, at least). Would you invest in property right now, or would you wait until prices have dropped (if indeed they do drop)? _________________ Business Forums - Business Add URL
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Tag
Joined: 23 Sep 2007 Posts: 24
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Money-Helper
Joined: 02 Aug 2007 Posts: 76
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Posted: Tue Oct 09, 2007 6:47 pm Post subject: |
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| It's a buyer's market for property right now both in the US and the UK, but the truth remains that there is only so much housing and property is a finite resource. If buying established housing is not attractive then consider land purchases - these rarely if ever lose value over the long run. |
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capebretoner
Joined: 02 Aug 2006 Posts: 82
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Posted: Sat Oct 13, 2007 7:43 pm Post subject: |
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I agree with money-helper
I am currently saving up to make a couple of large property purchases in my rural hometown.
This purchase will be small in total portfolio, but great for its long term potential, both for re-sale and for the money making potential as a managed wood-lot _________________ HoserNews |
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altyfc
Joined: 29 Dec 2004 Posts: 1232 Location: Aardvarkland
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capebretoner
Joined: 02 Aug 2006 Posts: 82
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Posted: Mon Oct 15, 2007 10:25 pm Post subject: |
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| altyfc wrote: |
A buyer's market?!
What makes you say that? In the UK, all the indications would seem to suggest the opposite. |
In the short term, and yes the value is going to be going down before they are going up, but I think that over a 10 year span you are going to be very far ahead.
I am not sure about the UK since I am not really paying too much attention there, however there are many markets in the US that I would be interested in moving into, there are some that have NEVER gotten hit.
Also if you stay out of residential and move into commercial, especially in the US you are going to be very far ahead
For the last number of years all of the money was in the residental market and there was very little invested in commercial. That means that there is a short of commercial property, one that is not going to be going away in the short term _________________ HoserNews |
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altyfc
Joined: 29 Dec 2004 Posts: 1232 Location: Aardvarkland
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Posted: Thu Nov 01, 2007 11:59 am Post subject: |
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| capebretoner wrote: |
| In the short term, and yes the value is going to be going down before they are going up, but I think that over a 10 year span you are going to be very far ahead. |
OK, I agree that property as a long term investment is usually a sound move. It has tended to be in the past, at least.
I also think commercial investments in the UK are a much sounder bet than residential. Too many people have entered the buy-to-let market, because they've seen people do it on the telly. _________________ Business Forums - Business Add URL
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