Further to my blogging yesterday I was interested to come across an article stating the that the popular ITV show ‘Tonight With Trevor McDonald’ is going to be doing a program on why investing in property may be a smarter move than many other kinds of investment available. As part of this they are looking for landlords to give their opinions.
It appears the focus of the program is to be a trend for couples over the age of fifty, those baby boomers approaching fifty, to invest in the buy to let sector as the best way to fund their non working years.
These are not people who are becoming one of the ‘accidental’ landlords we talk about so often but are actually putting a great deal of thought and planning into their purchases. They believe they would prefer to wait out the recession fortified by ownership of bricks and mortar.
If you are looking to the long term there is little doubt that investment in property is still one of your best options. There is no longer a quick buck to be made in the rental market but many are happy to return to it for all the reasons it was traditionally popular. A sense of owning something that will benefit you financially in the long term.
The show is likely to air later in the spring.