Property Solutions

Is Now a Good Time to Invest in Property

Posted on February 17, 2016 at 5:24 pm

Here in the UK, and much of the developed world, the best investment that most people have been able to make historically has been the purchase of a home. Thanks to the housing bubble that triggered the great recession, many people’s faith in this “truth” was threatened by new realities. Even today, people continue to be cognizant of the risks of purchasing a home, and they remain reluctant to take that plunge.

Thanks to the concerns people have about the solvency of the property market, many people are reluctant to make the investment. Justifying the purchase of a home is particularly difficult when we see how the house prices are raising at around the same rate as they were pre-recession, particularly in places like London.

So is the concern justified? Short answer is yes. Many economists are concerned at how there has been little change in terms of how banks give out loans and how asks for them, and how house prices still seem to be inflated.

Posted in Property Solutions