03/06/2021
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REASONS WHY INVESTING IN REAL ESTATE IS BETTER THAN SAVING IN THE BANK...
1. Currency always diminishes in value while real estate appreciates: The purchasing power of money continually diminishes. The things a Million Peso could buy five years ago are not the same things it can buy today.
However, Real Estate always appreciates. If you buy a Property in a Good Location, in five years time, you can sell it for double (or even triple) the price you bought it.
2. Return on savings is infinitesimal while returns on real estate investments are huge: When you save your money in the bank or do a fixed deposit, your returns on investment are usually single digit per annum.
Conversely, based on the rate of development in the area you purchase your landed property or building, the return on investment are often huge.
3. Your money in the bank simply makes the banker richer while your money in real estate makes You richer: The money you save in the bank is used by bankers to give loans to customers and you are paid a small interest.
On the other hand, when you invest in real estate, the difference between the price you bought the property and the price you are selling it is taken completely by you. Thus making you richer.
4. Expenses always arise to deplete your savings but your property is always there appreciating in value: When you have money saved in the bank, no matter how disciplined you are, there will always be expenses that will arise to deplete the savings.
When you invest such funds into real estate, your cash is tied into an investment that will continually appreciate in value.
5. None of the rich ascribes their success in gathering wealth to saving but most of them have impressive property portfolios: Of all the wealthy individuals in the world, none ascribes their wealth strategy to saving in the bank.
Want to get started on investing in real estate?
Then Choose Phirst Park Homes!
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Or Call/Text : +63.949.637.9048
