Recession: How To Profit From A Falling House Market
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Recession: How To Profit From A Falling House Market
Since the end of the second world war, the average British home has doubled in value every ten years – but that's not going to make you feel better if the market's on a down turn and you're watching thousands being rubbed off the value of your house. However, there are ways to profit from a falling property market and Videojug can show you how.
Step 1: Buy really cheap
You can still make a profit in a falling market by property developing – the secret is to use the media panic to negotiate a really good bargain.
Step 2: Add value
Once you've bought your bargain – there are some simple ways to add real value. Improve the kitchen, bathroom and light fittings to attract new buyers.
Step 3: Bet on the market
If you're worried that your house is falling in value, you can make a bit of money by betting on how much it will go down. You don't have to nip into you local Ladbrokes to place this bet, you need to invest your money in an investment fund that pays out if the market drops below a certain level. Contact Strutt and Parker for more information.
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