VALUE OF RESIDENCE ITS ASSETS IN REAL ESTATE

Real estate is an industry that is always in the spotlight, even though there have been obstacles in recent years, especially the economic downturn as a result of the pandemic. There are many factors that cause this to happen, including the stigma of society, which does not consider it important to own a house. In fact, the existence of a house is an important element of personal identity as well as the most comfortable place in everyday life.

On the other hand, investors always see real estate as something with great potential. Even for a few people, owning a house is a very valuable asset.

Significant Decrease In Ownership

Around the first quarter of 2019, the property industry entered the top 3, after culinary and automotive. In fact, it could be said that development is still within normal levels. However, COVID-19 has really drastically affected property development. According to the observations of property business observers, in 2020, the real estate business will fall by 70%. Of course, purchasing power is very low because people during the pandemic are more focused on health than on owning a residence.

Getting Through The Pandemic Period

The New Normal is said to be the revival of the real estate business, where the mindset for lifestyle changes is fairly spontaneous based on the reality that requires prioritizing healthy living. The growth of the real estate business is capable of reaching 2.68% in 2021. Investors and those interested in non-moving assets are starting to flock to home ownership.

It is not surprising that the real estate sector has increased by 3.24%, and property observers say that a lot of land will be prepared for real estate. In 2021, many people are interested in new normal housing, and this also makes architects work together to create their best work. A very popular architectural concept related to this is a house equipped with a special area that aims to sterilize the body after outdoor activities so that residents inside the house are not contaminated with viruses.

Is It Ideal To Own A Residence In Real Estate As An Investment Asset?

To help maintain financial stability, owning assets such as a house is an important right. The future is an unpredictable situation, so a person's readiness to anticipate financial conditions, which often fluctuate, is appropriate for owning a house. The house actually goes beyond its function as a place to live, further than that, the house is capable of being a business driver on a small scale.

As a capital gain, a house is an excellent object. There was a moment when land and building prices experienced an upward trend. When a situation occurs, your source of financial income can increase.

Home ownership in real estate is a good strategy to support loan collateral, where the reputation is very good and has a credible trust value.

A right step to help stabilize financial conditions, such as having assets in the form of home ownership in real estate, is to just make sure to buy them with long-term funds so that your financial condition remains on a safe track while also anticipating unexpected funds that arise in your daily activities.