Media presents contrasting signals about our economy in general and our real estate in particular. While not all we hear is positive news, there are quite a few bright reports that keep coming our way. On the bright side, we have a stable government, a more than decent banking system and an economy that can make many developed nations jealous.
Archives for March 2016
Archives
We Don’t Buy Homes Everyday: Exercise Due Diligence
One question buyer’s agents have to answer rather frequently is, “When is the best time to buy?” Currently, interest rates are low (they have been for a long time now) and banks are competing fiercely to grab buyer attention. This makes it a good time to go for investors and first home buyers (not to mention the next home buyers).
Labour’s Negative Gearing Proposal Raises Storm
Jack Needham writes an article for The Adviser where he talks about the possible impact of changing negative gearing policy. The changes mentioned could result in a hike in rent and at the same time cause a decline in property values and a fall in overall new construction and the GDP.
Houses or Apartments: Which One Makes For a Better Investment?
Ever since we were convinced about the usefulness of property as an investment, we have devoted countless hours debating which makes for a better investment: houses or apartments? Decades ago, when we were stuck with our “McMansion in the suburbia” dream, a majority of us would have voted for houses. But now that close-to-CBD life is gaining prominence and we have cleanly departed from the ‘McMansion’ era, the debate has begun to be fought more aggressively. Clearly, the battle lines have been drawn and no side is ready to believe that the other side has enough points to convince them.
Over the ambit of this article, let us get introduced to both these investment types, read about their pros and cons, take a look at questions you must ask yourself before deciding on an apartment or a house and lastly–but by no means the least–let us take up a really innovative stance (perhaps the best kept secret of real estate) and figure out which is a better deal between the two.