The COVID-19 pandemic has led to widespread economic uncertainty. Many people are worried about what the future holds, and whether their investments will be safe.
One asset class that has held up relatively well during the pandemic is real estate. In fact, in many markets around the world, prices have actually gone up.
There are a number of reasons why real estate may be a good investment after the pandemic.
1. People will always need somewhere to live.
No matter what happens, people will always need somewhere to live. This means that there will always be demand for housing.
2. Real estate is a physical asset.
Real estate is a physical asset that can be bought and sold. This makes it much easier to value than something like a stock, which can go up or down in value very quickly.
3. Real estate is a long-term investment.
If you’re looking to invest for the long term, real estate is a good option. This is because it takes time to buy and sell property, so you can’t make quick profits.
4. You can control your investment.
When you invest in real estate, you have a lot more control over your investment than you do with other asset classes. For example, you can decide when to sell, how much to charge for rent, and what repairs to make.
5. There are tax benefits.
Investing in real estate can offer a number of tax benefits. For example, in the US, you can deduct the interest you pay on your mortgage from your taxes.
6. It’s a hedge against inflation.
Over time, the value of real estate tends to go up with inflation. This means that it can be a good hedge against rising prices.
7. It’s a global market.
The real estate market is global, which means that you can diversify your investment by buying property in different countries. This can help to reduce risk.
8. You can make money in different ways.
There are a number of ways to make money from real estate. For example, you can earn rental income, or you can sell the property for a profit.
9. It’s a tangible asset.
Real estate is a tangible asset that you can see and touch. This can make it feel more real and less risky than investing in something like the stock market.
10. There’s a lot of room for growth.
The global real estate market is worth trillions of dollars. This means that there is a lot of room for growth, and your investment could increase in value over time.