|
 |
|
|
|
|
What you buy is far more important than when you
buy it.
|
|
|
» property market is cyclical ...
Property, like all areas of economic activity, is cyclical.
Property yields rise and fall, causing the value of property
to fall and rise. The demand by tenants also fluctuates,
causing rent levels to go up and down.
|
|
Property market is cyclical.
|
|
|
» there is no such thing as a
good time, only good deals ...
Obviously, it is better to buy at the bottom of the cycle. But
as each property is different -- a unique and individual
proposition -- one property that you want might happen along
at any time.
So you should always buy property on the basis of how good a
deal it is, regardless of timing.
|
|
A good property may come along any time.
Buy on the basis of how good the deal is, regardless of
timing.
|
|
|
|
0880