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Why is property a good investment?

December 29, 2012

 

 

 

2 Making your money work for you is the best way to secure your future. Leaving it sitting in a bank account will only get you the bare minimum, but investing it all in shares is incredibly risky, even if you have a diverse portfolio. Property is the middle ground between minimum risk and maximum returns, which is why it still remains one of the best investment options.

Property is and always will be the one of the best investments for a number of reasons:

  1. It is finite. Land is finite, yet the number of people grows every year, creating an increased demand without the ability to grow supply, except for in Dubai where they are building more property, though many sceptics believe it won’t be long before the sea reclaims these new developments.
  2. It is simple. Investing in shares is complex and requires specialised information, property is fairly intuitive and anyone can do it.
  3. There are numerous tax benefits. Property investors are able to take advantage of a range of tax benefits including tax deductions and depreciation allowances.
  4. You don’t have to sell it in order to capitalise on that increased value.
  5. You are in control. Most other investments require you to relinquish a degree of control to someone else, not with property.

 

Credit :  http://growconsulting.com.au/blog/2012/12/28/why-is-property-a-good-investment/

 

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