The estimated capital injection into the Vietnamese property market reached US$5bn, mainly foreign direct investment (FDI). The British Virgin Islands for example invested almost $2.7 billion in Vietnam, while Singapore pledged $2.2 billion. The increasing interest in the city meant property prices in Hanoi tripled. New apartments in Hanoi were being snapped up for $80,000 but by the summer this rocketed to $240,000. Continue reading “Buying property in Hanoi”
The Association of Residential Landlords (ARLA) says the forthcoming budget is an “open goal” for the Chancellor to encourage investment in the UK’s private rented sector (PRS) and support growth in the economy. In ARLA’s budget submission, the body has urged the government to support this growth by removing prohibitive barriers to further investment. This article shows how the government and other bodies recognise and support the private rented sector; and how the continuing growth and high demand underpins investor security in the PRS market.
Tax system can be used to incentivise PRS investment
The most accessible source of information on comparable sales is the public record. When someone buys a home the property is deeded from the seller to the buyer. In most circumstances, this deed is recorded at the local county recorder’s office. They combine sales data with information already known about the property so they can assess property taxes correctly. Continue reading “Comparable Sales in the Public Record”
When you prepare an offer to purchase a home, you already know the seller’s asking price. But what price are you going to offer and how do you come up with that figure? Continue reading “Determining Your Offer Price”
One problem with attempting to time your purchase to the business cycle is that no one can accurately predict the future. Another challenge is that interest rates are generally higher during a depressed market and income may not be keeping up. For that reason, fewer people can qualify for a home purchase than in more prosperous times. Continue reading “Should You Try to “Time the Market”?”
When the supply of available houses is greater than the supply of buyers, appreciation may slow and prices may even fall, as happened in the early eighties and the early to mid-nineties. Continue reading “Supply and Demand”