The investment fundamentals for buying houses/units:
* P: POPULATION - growth in population will cause demand inflation, driving prices further up.
*I - INFRASTRUCTURE - infrastructure investment creates economic growth through employment, increased capacity, and increased quality of life.
*L: LOCATION - well-placed properties are finite, and their exclusitivity will always guarantee price premium relative to other properties that may look similar by specification.
*E: - EMPLOYMENT - people will only accept high rental conditions if they have a job that can match this level. Make sure that your investment is well placed to capitalise on multiple sources of employment in order to reduce risk.
Wednesday, October 22, 2008
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