Investment is indeed a matter that must be owned by everyone, especially those who are aware of the importance of investing for old age. And not a few people delay when planning to take a home investment for various reasons including the timing is not right. Basically, the longer you procrastinate, the dream of owning a home may disappear for various reasons. Here are 5 reasons why you are advised not to delay investing in a home:
1. House Prices Are Getting Higher From Year to Year
The reason why home investment is in great demand by business people, especially those who play in the property business, is that house prices often rise significantly every year. This is also supported by a very strategic location of the house such as close to the protocol road, close to the airport / transportation, close to shopping centers and other crowded places. The more you put off planning to invest in a home, the more difficult it will be to get to the home you desire. If house prices are higher, it is certain that the costs required will be even greater. So, don’t delay investing in a house if you already have enough capital for it. Remember again that house prices will go up every year, and make sure you have a house deposit to prepare for resale or use as a place to live in the future.
2. Prepare for old age because age continues to grow
Age will continue to grow and the time to raise funds will also continue to decrease. The longer you delay planning an investment, the more it will be necessary to struggle to get the coffers of money needed for investment. On the other hand, if you decide you want to apply for a loan, the greater the risk that your loan will not be accepted. This is because the age limit for repaying a loan or credit is usually 55 years.
3. Residential land is getting smaller
Everyone needs a place to live and that need makes developers more aggressive in developing properties in various areas, especially in new cities which are predicted to experience an increase in population from year to year. This opportunity you need to make sure that you already have a home investment in some of these housing. Don’t delay your investment because the more you delay, the harder it will be to find residential land that has a strategic location at an affordable price.
4. Investing in a house to be a place to live, a shelter to a guest house business
Property business people, especially homes, will indeed have many advantages. While waiting for house prices to continue to soar, houses can certainly be used as various forms of business or maybe also a place to stay for you while on vacation in the related city. Not a few home business people, apart from being an investment, can also be used as a source of side income per day / month depending on the business being run. Guest House or also daily house rental is one example of a property business that you can run if you already have a home investment.
5. Home Investment is Future Investment
House prices continue to rise from year to year, making a house a very lucrative investment opportunity. Not only can it be a backup investment, but a house can also be an investment for your family in the future, whether it’s your child or a place to live close to your side business. What is clear, it will never be a loss to invest in a home as early as possible.