Property owners earning more from properties than homes:
From the soaring values of properties, due to inflation, a survey conducted suggests property investment is the way to go. The average price of a house in February alone rose by 0.5 percent. That represents an annual rate of growth of 10.8 per cent, the fastest since June 2007.Lack of supply continues to underpin rising house prices, with recent industry surveys showing a dearth of new properties being listed, now a long-term trend. The war in Ukraine was likely to have effects on confidence, trade and global supply chains, and surging oil and gas prices would “add to the squeeze” on household incomes.
Should property investment become the new stream of investment?