fbpx

RENTING provides critical housing supply

Home Ownership and Generational Wealth
RENTING provides critical housing supply
OWNING personifies longevity, intergenerational wealth

Dear All,

RENTING provides critical housing supply: A real and growing demand. The property investors (Landlords) are able to make property supply possible with an interesting financial dynamic – they put in the deposit – and in a general sense, the rental payments^ in most cases cover majority of the loan mortgage payments. Example only:
·        20% deposit paid by investor
·        80% loan paid from rental payments

OWNING personifies longevity, intergenerational wealth: Impacting on our social-fabric and economy. Owning a property, depending on economic factors in 2-12 years* the property would most likely double or more in value. A snippet on the potential impact:
1.      Owning reduces rental demands by leaving more properties available for others to rent
2.      In 2-12 years*, the equity increase in the property provides financial options for retirement and other
3.      Inheritance, leaving a family home to another family member(s) with the memories and a significant financial base

It is your choice: Rent or Own.

If you are considering to buy your own property to live-in or investment, AffordAssist Deferred Deposit Solution may help you secure a loan and buy a property with as little as 1%.

Click to know more: https://www.affordassist.com/

AffordAssist is not a broker, developer, project marketer or financial planner. Provide and manage the governance process. Have a panel of approved brokers. Are you a broker, lender, developer or agent? Join our mission to help increase home ownership. We welcome your team work; together we can help more into home ownership.

^An indicative guesstimate example only – many factors to consider – serves as a general explanation
*A word of caution: Future predictions cannot be determined by past performance, for any asset class

Kind regards
AA
 
Spread the love

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top