The whole world is tightening its belt. In the UK, the Nationwide Building Society reported that the average house price fell by 2.5% in May and 0.9% in June 2008.

Although this is enough to make most people worried, the reality is that house prices are 4% higher than in 2006. The fact is that anyone building a rental portfolio will do well in these times. So next time you are at a dinner party and someone mentions the falling percentages to you, maybe you can hit them with the good news.

However this does not touch on the fact that the rents are increasing and this is exactly what we are propagating. If you bought a property today you will see a decrease in value over the next few months or years even. This is only a problem should you wish to resell the property whilst the market is on a down turn. Our suggestion is to keep your properties as rents are now increasing up to 7,5% in one month alone. This means that the yield investors are seeing on their initial investment is growing along with the demand for rental properties.

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Written by Terence - Visit Website

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