2007-09-19 08:23:06 · 2 answers · asked by Chico 3 in Business & Finance ➔ Investing
I'm thinking about rent as well as capital appreciation.
2007-09-19 08:44:30 · update #1
??? you mean 'is it always bad to buy an asset that is dropping in value'
What do you think ?
2007-09-19 08:32:39 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
Not such a silly question for anyone that knows anything about investments!!
A buy-to-let property should always be considered a long term investment but don't confuse property value with rental income value because they are not related to any appreciable degree. Over the long term property values, to date, have always recovered from crashes and then moved ahead. Rental income varies very little with the value of property. I don't know of anyone whose rent was halved during the early 1990's house price slump.
2007-09-19 16:06:14 · answer #2 · answered by Arius C 1 · 0⤊ 0⤋