What motivates people to start investing in property?
Asked on Aug 6 2013,
General in Reading |
In my opinion, there are a number of things that motivate people, with the main two being market conditions and a desire to boost income (mainly in retirement).
In buy-to-let markets in particular, it has become something of a trend for people to invest their money in rental homes so that they have something of an income stream when they should choose to retire, so I think this forward thinking attitude is definitely one of the biggest motivators around for investors.
In addition to this, as I mentioned above, is market conditions. In the last couple of years we have seen rental prices going up again and again, and this has caused a greater number of new landlords to come to the market looking to make a little from letting out homes.
Answered on Sep 6 2013,
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