When appropriate When Buying a Home ?
In theory it is very easy to declare that we buy a house and property while prices are down or when it reaches the lowest price. At issue is precisely considerations determine when the house reaches the lowest price is homework complex and difficult.
In history states property investment and the house will get good profit in the period long. When the economy is in good property prices and the house usually soar. But it may be otherwise when the economy crashed, you need to be observant noticed Property Prices usually go down.
There are several factors that affect the increase and decrease in the price of land, houses and other properties:
- increase population levels economic growth rate Increase in income per capita interest rate of bank
Conversely, if the rate of growth of the population of a country or a place to decline, which will lead to excess amount of property, land or a house than can be bought by the public, property prices will go down. Certainly not a number or level of population growth are affecting the purchase price home and property, but many funds that exist in the community have also greatly affected. Plus a country's rate of economic growth, also affect the movement purchase price of the house and property.
If perkonomian grow well and the unemployment rate go down, many members of the community who will be able to buy a house that the property market will grow by leaps and bounds. Conversely, if the economy declined as the recession and jobs are difficult to obtain, people will be put off to buy houses and properties so that the trend of housing prices will decline.
Property prices usually tend to rise at the current per capita income also rose. This occurs in a thriving economy, where jobs are available quite a lot, more and more couples are working.
Therefore the dependence of the rate of home buyers today are very related to the mortgage loans from banks, led to an increased demand for home loans is very influential on the development of the bank rate. If the higher the interest rate charged by the bank, the higher the amount of funds that must be paid each month to the credit and the lack of ability of people to buy homes and property at that time. For this reason the price of buying and selling property is likely to fall in the current rising interest rate and vice versa. [Properti.gangsir.com]
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