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When appropriate When Buying a House?
In theory it is easy to say that we bought the house and property when prices are down or when it reaches the lowest price. The problem is precisely considerations determine when the house reaches the lowest price is a complex chore and difficult.
Historically stated investment property and homes will benefit both in the long term. When the economy is good in the property and house prices usually soar. But it could be the other way when the economy crashed, you need to pay attention jelly Property Prices usually go down.
There are several factors that affect the increase and decrease in the price of land, houses and other properties:
An increase in the population
The growth rate of the economy
The increase in income per capita
The interest rate of the bank
The rate of increase in property prices is usually strongly influenced by the increasing rate of population growth in a country or region.