AAA
is recommending that those parents of college students who can afford
it should invest in real estate in college towns to make a healthy
return and save some cash through the college years.
Boston,
MA, USA, September 4, 2012 -- Alternative Asset Analysis (AAA) is
recommending that those parents of college students who can afford it
should invest in real estate in college towns to make a healthy
return and save some cash through the college years.
The
alternative investment advocacy group is not the only one encouraging
parents to buy student digs to make a profit. In fact mortgage and
housing expert, Ken Harney, recently wrote about the issue in an
article for Forbes. He described how soaring rents are making sending
kids to college even more expensive. Buying a property can solve the
short-term problem while making a buck or two over the long term.
AAA
says that people without children in college can also benefit from
the boom in college town real estate by buying up a modest property
and renting it out to students. Now is the time to swoop, claims
AAA’s analysis partner, Anthony Johnson. He said “The housing
market has bottomed out and is slowly on its way back up. Buy now and
you're likely to make money over the medium to long-term.”
In
many of the US's largest college towns, the average rents of
properties are now several times the average mortgage repayments due
each month, so investing in a student property makes sense now and in
the future.
Although
some college towns, like Boston and Washington DC are not cheap
places to buy property, others, like Pittsburgh and Atlanta remain
much more affordable and rents are still high compared with mortgage
repayments. “The model works almost everywhere,” added Mr
Johnson.
As
well as advocating real estate investment, AAA also promotes ethical
investments, such as sustainable timberland investments through firms
like Greenwood
Management that run plantations in Brazil
and Canada. “Forestry is another asset class that gives investors
something tangible, with intrinsic value, in exchange for their
dollars,” said Johnson.
About
Alternative Asset Analysis:
The
remit of Alternative Asset Analysis is to analyse and provide news on
the global performance of a wide range of alternative asset classes
including, but not restricted to, commodities, real estate, forestry,
foreign exchange, hedge funds, private equity and venture capital.
Media
Contact:
Anthony
Johnson
Alternative
Asset Analysis
71
Commercial St
Boston,
MA 02109-1320
617-939-9596
This is a nice article and I find it informative. Investing a condo is a nice idea. Thank you for sharing this.
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