Let’s face the fact that everyone in the world needs a shelter. Talk about shelter, we cannot separate it from the property market. What’s new in 2019?
In these recessional years, people become more aware of the use of money. it means that we have to be very selective and careful in using our money. Related to the property business, it is a fact that the mortgage level in these years remains in lower level. But the show must go on. We, in property business, always look for the ways to make sure that the market has to keep alive. With lower budget in housing, people tend to stay in their current home for now. It is reasonable since moving can be pricey. So, unless the can find homes at lower price, it is worth to stay in their current home. Thus the smaller properties at more reasonable price will be a great option for investment nowadays.
Eco friendly houses also become more and more popular. The reason is simple; eco friendly houses completed by solar panels for electricity, big windows for air circulation are proven to be economical. We can save the bills for electricity. It is also fact that those mansion-like houses that are huge need more budget in maintenance. Even some celebrities such as Cristina Aguilera finally leave her mains ion. We bet that it is related to the maintenance issue, too. In other hand we heard that Jessica Simpson has a plan to get Osbourne’s former mansion in Hidden Hills. Just be faithful and keep reasonable price for your property investment.