If you’ve been paying attention to the headlines lately, you’ve probably heard echoes of “it’s a bad time to buy a house” and “it’s the perfect time to buy a house.” But which is it? Here, we’ll go over a few of the main reasons why entering the real estate market right now is a good idea. In today’s world, we need to act fast if we want to reap the rewards that come with being in the right place at the right time. And while it may not feel like the right time during a recession, it’s imperative that we power through these hurdles.
The government
As the Fed continues to raise interest rates over time, we believe it will be a slow climb, but it’s still important to act fast. On top of that, the Biden administration appears to be very accommodating toward the housing market, with infrastructure and tax bills that include support for affordable housing construction. In other words, if you like investing for safe profits, there’s no time like the present.
Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.