How to profit from the next property boom!!
Posted on | May 10, 2009 |
Property investors should plan ahead in order to take advantage of the next upturn in the property cycle, according to quantity surveying firm Asset Economics.
“Property booms never last (and) neither do property busts,” the firm says in its latest newsletter.
To take advantage of the next boom, investors need to buy for long-term capital growth and take in account the ripple effect.
“As our next property cycle comes around, it will be the most desirable, most sought-after areas that start growing first, and these are usually the most affluent areas.”
From there, capital growth starts to “ripple outwards!!”
Category: Uncategorized, real estate
Tags: boom > cycle > growth > invest > investors > next > profit > property
Tags: boom > cycle > growth > invest > investors > next > profit > property
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