Should we buy a house as an investment?
Paying the rent month to month is, for many, synonymous with wasting money. On the contrary, using it to buy a house of your own appears as a much more promising alternative. After all, they would be purchasing a property! Do you count among them? According to some experts, buying a home in abbotsford may not always be such a good investment. Buying a house, is it really an investment? While many consider buying a home as an investment that they could recoup when its value grows over time, professor and real estate expert Todd Sinai, assured that this line of thinking is wrong! Against this prevalent idea, acquiring a property is a consumer decision, and not an investment to make at any time, he explained. Thus, regardless of market trends and what, potentially, the home could appreciate, when choosing to buy, people should evaluate if it meets their needs, objectives and budget. What to consider when buying In this sense, there are several scenarios to con