Why do people invest in property?

Folk failed to always invest in property as they do now. Before the early 1980s property possession wasn't widespread in the United Kingdom.

However, that was lost with Margaret Thatcher and the 'Right to Buy' council house scheme she promoted, which gave folks the legal right to buy their council homes at a reduction. Since this time property possession has turned into a bit of an obsession amongst folk in the United Kingdom and due to this obsession we now lead the way with property possession in Europe. Moving on from our leadership of property possession, the general public in the United Kingdom now understand that though the property market has the occasional dip, it's been going up in worth for centuries.

The reality is the property market has always recovered from any dips.

Similarly if you are a buy-to-let property financier, so long as your properties are kept rented and are manufacturing monthly positive money flow, then you are reasonably safe any way. This is reason adequate for many to decide to take the plunge and invest in property. You could be startled to find out that a median semi-detached three-bedroom in Birmingham for £150,000 was worth only about £5,000 back in the early 1970s. History proves that long term it is sensible to take a position in property since historically property goes up in price ; really statistically, property doubles in worth each 7 to a decade. Why you want to invest in property as fast as practicable. Now imagine back in the 70s you had a brain wave and thought you would buy 2 more matching properties and lease them out and you managed to keep them rented for the bulk of the time.