Investment has now become an important part of everyone’s life. There are also various types of investments, such as gold investments, mutual funds, bonds, deposits, foreign exchange, and property. Of the several types of investment, property investment is one of the most in demand. Besides being able to bring big profits in the future, property investment can also be done alone, aka without interference from any party. There are several reasons why many people want to invest in property. Anything? The following are the benefits of property investment:
1. Prices are going up
The increase in the number of residents in an area makes the local government must be able to provide a place to live for its residents. So, if the population in the area is increasing, the need for property will also automatically increase. However, the increasing demand for these properties over time will not match the area that cannot be increased. Therefore, in crowded areas, property prices will increase over time. The more strategic the location or easy access, the faster the price will soar compared to other locations.
2. Prices follow inflation
Inflation will occur if the government prints large amounts of money and the money supply will be much more than before. Usually, the government is very difficult to control inflation. This is different from property investors. If inflation increases, they will also increase their property prices according to the inflation that occurs. So, having an investment property is one of the right steps to protect yourself from inflation because the price will increase simultaneously
3. Value determined owner
Another advantage is that the control of the value of the property is held entirely by the owner. For example, if you sell gold or foreign exchange, the value of the investment is usually governed by the movement of the stock price. While the property, the owner is free to control the rental price or selling price without any regulation.
4. Asset value can be increased
Investment in property is also more flexible. This means that the asset value can be increased according to the owner’s wishes by renovating your assets, such as enlarging the yard, making a swimming pool, adding a room or floor, and so on.
5. It doesn’t take time to take care of it
It can be said that property is an investment that does not have to take a lot of time to handle, even though your property assets are far from where you live, why? Because you can hire a property manager or facility manager to take care of your assets