Property Today

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Published Date: 02 May 2008

If you believe what this property agent says, houses will continue to be a great investment

Tax relief means buying a house will stay popular

No matter what happens to the housing market, people will continue to want to buy houses. And that's because they're still one of the best investments you can make.

That's the opinion of property agent Stephen Ludlow.

He believes that homes will continue to be the biggest accumulator of wealth and make a better investment than shares or pensions.

The main reason for this is tax relief. Currently we get 100 per cent tax relief on the sale of our main home, meaning most people are better off in the long-term buying a home than renting one.

Stephen says as long as the fundamentals of the economy are sound, buying a house is a good investment for most people.

Last Updated: 02 May 2008 09:15 AM

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