Investing in Real Estate gives you ownership of something permanent, something that can go a long way in ensuring your future security, and something that – unlike other goods – will not depreciate over time.
Security
Today, the largest percentage of any person’s or family’s monthly expenditure tends to be on living accommodation in the form of rent. Due to the current high level of inflation, income may not keep pace with expenditure, placing future levels of rent out of reach. Real Estate in the form of land and buildings takes away this threat and gives you a permanent place of residence, regardless of the prevailing levels of rent or inflation.
Value Appreciation
Purchasing Real Estate can also be a very profitable form of investment. The value of land
tends to increase over time, and the higher the demand for land in a particular area, the greater the increase in value. Finally, there are always a number of ways in which an owner can further increase the value of his or her piece of Real Estate in the eyes of a potential buyer.