Many high-net-worth people like parking their cash — often seven or eight figures — on pieces of property,. Some pool their money with others to buy commercial properties; others scoop up high-priced condos in London, New York and other global locales.
Many hope to sell for a handsome profit, but in the meantime, they can live in these abodes when they travel. They typically buy two or three residences in different places around the world. It’s got great long-term value, especially in core markets.
While the average person likely won’t be able to buy an apartment in a posh London area, they may be able to buy a house in their neighborhood that they can then rent out or sell when the price appreciates.
There are also many public companies that buy commercial and residential real estate — called Real Estate Investment Trusts — that any stock market investor can purchase. While they’ll be sensitive to market ups and downs, the stocks often rise in price as rents and property values climb.
One such great opportunity is Alphastone Property Fund, which invests into London properties.
For more information, please check out http://www.alphastone.com
