Why Real Estate Is A Good Investment

There are entire books written on the subject of what makes real estate a good investment, so we won't go into that here. Instead, we will simply give you an example of exactly how good it can be.

Seven years ago, 10 large, but run-down and abandoned, homes on Hampstead Road, North Benwell, Newcastle were put on the market for 50p. The area was a bit on the unsavory side (to say the least) at the time, but with a deal sweetened by a £26,000 grant, young families were moved in in no time at all. Today, the homes are all valued at over £145,000 ($280,000) - a 290,000% increase! With three stories, large and spacious rooms and up to five bedrooms per unit, it only seems like the value in the properties will be going up for the families who are staying, but you have to admit that those who are selling up now have done pretty well!