Property investment will be a much safer bet for those with money than putting it elsewhere, it has been said.
An expert has claimed that investing in Australian property is a smarter move than putting money into shares at the moment.
Michael Yardney, director of Metropole Property Investment Strategists, said that income-producing residential property is the best way for those living in the country to develop financial independence.
He explained in an article for SmartCompany.com.au that property owners can control the success of their investments by improving their assets and can easily gain knowledge about the market without having to be an expert.
Mr Yardney added that companies and businesses can come and go, but property will always be needed.
"Unlike a business or corporation in which you can buy shares, property is a fundamental necessity. Everyone needs a roof over their head, whether they rent or own their own home," he said.
Housing expert Robin Wilson recently told Property Showrooms that people considering purchasing property in Australia should capitalise now, before prices soar.
Posted by David McElwain
An expert has claimed that investing in Australian property is a smarter move than putting money into shares at the moment.
Michael Yardney, director of Metropole Property Investment Strategists, said that income-producing residential property is the best way for those living in the country to develop financial independence.
He explained in an article for SmartCompany.com.au that property owners can control the success of their investments by improving their assets and can easily gain knowledge about the market without having to be an expert.
Mr Yardney added that companies and businesses can come and go, but property will always be needed.
"Unlike a business or corporation in which you can buy shares, property is a fundamental necessity. Everyone needs a roof over their head, whether they rent or own their own home," he said.
Housing expert Robin Wilson recently told Property Showrooms that people considering purchasing property in Australia should capitalise now, before prices soar.
Posted by David McElwain
