3 Reasons That Make Real Estate The Safest Wager
If you have only Rs 2 lakh and you want to use it to reap future benefits, you have many options. Even with a much less amount, you can do this by investing in stocks, mutual funds, gold, etc. But, most of us wait for our saving amount to reach a point where the sum would enable us to invest in property, even if we have to fund the transaction with a bank loan. While there can be many behavioural and psychological explanations for it, the monetary benefits one reaps as a property owner are quite significant, too.There are many reasons that make investing in property the safest bet, even now.
Shock proofIn the past couple of years, reports have filled the news space declaring a state of emergency in the real estate sector. Home buyers, they claim, are waiting for prices to fall to make investments. However, data show property prices in major cities have not fallen down owing to an “emergency” situation. Unlike commodities of metals, which are highly prone to price fluctuations, property markets are solid and shock proof; temporary changes in market conditions do not adversely impact them.
On the same pageYou are not the only one who thinks of buying a houses as soon as you can arrange the money. Any average India is thinking the same. In case you decide to move on and sell the house, the only way prices are only going to move is upwards and there will be many willing to buy your property. However, this asset is a capital-intensive investment and buying or selling will be time. You can't quickly sell it off like stocks. But the beauty of it lies in the fact that, you will earn better money on your investment with many takers vying for your property. Happy at homeOn an average, a home owner is a happier person than a renter. Despite the fact that the he may be under huge debt, a home owner is more likely to be emotionally stable than those who have to shift places every year or so. While it is hard to explain the direct monetary befits of this, you sure save yourself a lot of stress caused by changing abodes and in the absence of a permanent address.