The Best Investment
As a fairly rule, Real estate investment homes are
about four or five percent a year. Some years will
be more, some less. The figure will vary from neighbourhood
to neighbourhood, and region to region with florida
real estate.
Five percent may not seem like that much at first.
Homeownership appreciate much more, and you could
easily earn over the same return with a very safe
investmentreturns homeownership in treasury bills
or bonds.
But take a next look
Of course, you are making homeownership mortgage payments
and paying property taxes, along with a couple of
other costs. However, since the interest on your mortgage
and your property taxes are both tax homeownership
deductible, the government is essentially subsidizing
your home purchase.
Your rate of return when buying a home is higher than
most any other investment return you could make.