5 SMART REASONS WHY YOU SHOULD BUY A HOUSE OVER A CAR !
DR.TAREK TURJMAN DBA, MBA, MMA, PMP
INVESTMENT CONSULTANCY DIPLOMATIC,CONSULAR RELATIONS LAUNCH & EXPAND COMPANIES NEGOTIATIONS MASTERY BUSINESS MANAGEMENT
"5 smart reasons why you should buy a house over a car.
As Dubai residents race to the next best automative model to hit the road, I laid out five facts as to why you should buy a house of a car.
1-Houses appreciate all the time. Over a ten year period there is on average a 7% growth, Downtown Dubai is a great example.
2-A car depreciates over time, it is approximately 10% a year so in other words, in five years your car is going to be worth half the value."
3-You can’t use your car to invest, buy securities or buy another property. Whereas a house, because it has an appreciating value, can be used towards future investments and future assets.
4-A house gives you a rent and a rental income. In Dubai the rent can far exceed any mortgage repayments or if bought outright can be pure income.
5-Finally you have an asset that appreciates and gives you income and growth.
Dr. TAREK TURJMAN