The housing market is never predictable. Therefore, it can be extremely risky to wonder what you can get in profit when you sell the home again. The home must therefore suit your life situation now and in the long run. It is also not certain that you can sell your home from one day to the next. Therefore, you should only buy a house or apartment if it is a place you would like to live in for a longer period of time. If you are not sure that you will stay for a longer period of time, you can often pay to rent a home.
Do you prefer to buy a house for rent Puncak Alam, or a Gombak condo for rent in the winter or in the summer? And how do you avoid hitting a price bubble? Here is the chief economist’s advice for you who are thinking of buying a home. If you have questions about housing, you are of course always welcome to contact us. We would like to help with questions about buying a home.
One week, all the newspapers write about rising house prices. The next one about price bubbles that will probably burst soon. It is not so strange if you are nervous about buying housing at a “wrong” time.
When does it make sense to buy a home?
My best advice is quite simple: Buy the home if you have room in the economy and can see yourself in it for many years to come. It may sound like a phrase, but the council holds an important message: Housing provides value first and foremost because you get a roof over your head and a place where family and friends can naturally gather.
How do I avoid hitting a price bubble?
Do not see a home as an investment object in the economic sense. If you want to invest, there are far better alternatives. It must be your housing needs that are at the center. Because if you wait for the right time, it can at worst mean that you put your life on hold for a long time – without a guarantee that the time of purchase will actually be better in the future.
What season is it best to buy a home?
There are seasonal fluctuations in the housing market, which i.a. is related to the fact that the homes appear better when the weather is good. In the eyes of many people, it is also obvious to move in connection with the summer holidays, where the kids may still have to change from kindergarten to school or the like. In any case, the number of home sales is significantly higher during the summer. There is also a tendency for house prices to be slightly higher in the summer.
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