One of out every three homes sold in the USA in 2016 was a vacation home or investment property showing demand for second homes is again increasing following a turbulent few years. The reasons for buying a second home may be recreational or investment, often with a view to retirement planning.
Generally when people are talking about investment risk versus reward it is in the context of equities and other fluid type investments. It is not often spoken about with regard to property investment. Instead property is generally seen as the sound ‘bricks and mortar’ investment. The investment that you end up with a big chunk of something substantial along with a set of keys to open doors. Continue reading Did I mention I own a property in London? Property investment: risk versus reward