|
Traditionally property has always been a good investment. If you are buying it for your daughter to live in while she is a student then you will save on rent. If she could find someone to share then she could charge rent.
The best time to buy is when the market has bottomed out but that hasn't happened yet, I don't think.
However, if you take into account the amount of rental income you could get and the amount of rental saved over, I assume, three years, then I personally would go for it.
|