Top 6 Myths about Property Investment

No. 4: Any property will grow in value over time

House For Sale 3Public Domain Image: Public Domain

Unfortunately, the notion that the value of any property will only increase over time couldn’t be farther from the truth. Had it been true, there would have probably been a lot more rich people out there. There are a wide range of factors that can influence the value of a property, either positively and negatively, so never assume that the building you have purchased will automatically be more expensive in one year’s time.