Wednesday, March 05, 2008
Housing Market Investment
Property Investment was very popular during the 80's and 90's. This was partly because of the fact that the stock market was not peforming quite as well as expected but also it was just a growing trend. People seemed to be able to find cheap houses, maybe at auctions or maybe as a result of a house reposession. Many people bought properties and invested further money in having them done up with view to rent them out and get an income from their investment as well as gain from increasing house prices when they sell in the future or made an attempt to sell house fast to quickly cash in. However, with interest rates rising, the buy-to-let market getting flooded and house prices falling it is no longer such an attractive investment.