If one got money, and willing to invest, then it is worthwhile to go for real estate property cos they improves as time goes. Be it housing or land, it increases in value as time goes on, provided the location is on development.
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To get the right answer, you need to look at your country's conditions (or the country where you think to buy or both of them, because if you buy abroad, you possibly become subject to a double taxation, depending where you have your tax resident). For ex., in my former country, the value of a property doesn't increase. Instead, it drops every year cause obsolescence. Real estate crisis is an hard reality that made prices to hardly plummet: it's very common in my former country people to buy an apartment for ex., for 200 thousand euros and can only sell for 40 thousand.Real estate business has been very good business in the past. The value of property increases every year.
But during the past decade crypto currency is taking ension of investors. Bitcoin value hit 40000$ in January 2021.
My question is this, is it still better to invest in real estate? Or we should invest in crypto?
Well if the money is readily available, I prefer real estate as the first port of call in making an investment, if done in a very populated place, returns on investments can start coming in almost immediately, no need to wait for market forces.Both real estate and cryptocurrency are both good investments. They can both be done simultaneously if you have the capital for it or you can forgone one for the other depending on your financial strength. Real estate investment is the most expensive kind of investment and also the most profitable. it involves the buying and selling of properties while cryptocurrency investment is less expensive because you can buy it at a ridiculously cheap price and invest in it but your profit won't be much like that of real estate investment.
If I had the funds I will definitely startup investing in the real estate business like you have said because it is very lucrative but the only drawback would be that the investment takes time to bring returns but as for cryptocurrency the investment doesn't take as much time as real estate but it is quite riskier than the real estate business.Well if the money is readily available, I prefer real estate as the first port of call in making an investment, if done in a very populated place, returns on investments can start coming in almost immediately, no need to wait for market forces.
Cryptocurrency investments are riskier than real estate so it should be done with caution and with monies you can not or not ready loose.
Real estate, will continue to be with humans until people start leaving on the air, but till then people will continue to buy houses and resell...so its advisable to invest even more now.Real estate business has been very good business in the past. The value of property increases every year.
But during the past decade crypto currency is taking ension of investors. Bitcoin value hit 40000$ in January 2021.
My question is this, is it still better to invest in real estate? Or we should invest in crypto?
yes this is recommended to invest in real estate because this day's real estate is very lucrative especially in developing nation. This also help to build the economy.Real estate, will continue to be with humans until people start leaving on the air, but till then people will continue to buy houses and resell...so its advisable to invest even more now.
Real estate is the abode of humans so it will always be there. The profitability would rely on varied factors like location but what's important is for the real estate property to be in good order for purposes of renting out or selling. A neglected property can lose value quickly like what happened to the house that we bought which was cheap because it was dilapidated.Real estate, will continue to be with humans until people start leaving on the air, but till then people will continue to buy houses and resell...so its advisable to invest even more now.
There is no time at which it is impossible to invest in any business. the main factor only depends on your ability to take the risks, analyse the market and make your investment decisions anytime.Real estate business has been very good business in the past. The value of property increases every year.
But during the past decade crypto currency is taking ension of investors. Bitcoin value hit 40000$ in January 2021.
My question is this, is it still better to invest in real estate? Or we should invest in crypto?