Is property investment still profitable?
Property investment has always been one traditional ways to get money because since ancient times people required a place to leave. When time passed buy people started to houses and flats just as way to get money in the future because prices for property had always a tendency to grow.
But everything as changed today under the influence of the world financial crisis which produced negative influence on many sectors modern economy. In fact it start because of the problems real estate sector in the USA and after that spread very quickly. As a result people who started to invest in real estate faced a huge problem because prices for property fell. In this situation they even lost much more money then they would like to get. This happened because banks stated to sell houses and flats of people who could not afford to pay mortgage loans and thus return the money to the bank. This created disproportion between demand and offer which is the course of all problems. But in fact many reports say that the price will return soon because the market can regulate demand and offer.