{"id":67816,"date":"2018-01-12T13:33:14","date_gmt":"2018-01-12T05:33:14","guid":{"rendered":"http:\/\/13.250.106.137\/blog\/2018\/01\/12\/4-reasons-why-gen-x-and-gen-y-should-invest-property\/"},"modified":"2018-01-12T13:33:14","modified_gmt":"2018-01-12T05:33:14","slug":"4-reasons-why-gen-x-and-gen-y-should-invest-property","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/4-reasons-why-gen-x-and-gen-y-should-invest-property\/","title":{"rendered":"4 Reasons Why Gen X and Gen Y Should Invest In A Property"},"content":{"rendered":"\n

We have come to that point in time when Gen X and Gen Y now have had jobs for a while and have enough savings to consider investing and growing those savings. Now the question you must ask is, what should I invest in? There are many options present in front of you: stocks, properties, fixed deposits, mutual funds, precious metals, art, antiques, jewellery, and cryptocurrencies. Which of these is the best option for you?<\/p>\n

We say that today, the best option is property, and in this article, we will show you 4 reasons why Gen X and Gen Y should invest in property.\"\"<\/p>\n

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1. Build Equity<\/h3>\n

If you do your research carefully, you can find and invest in a property that is projected to do well in the future. When you buy a good property, it may build a good amount of equity over time. You may use this equity to invest in another property. You can find out more about this by speaking to a good property agent and together you can create a plan to build your property portfolio to further your financial goals.\"\"<\/p>\n

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2. Continue Your Current Lifestyle<\/h3>\n

Some people from Gen X and Gen Y hesitate to invest in a property because they believe that they will need to give up their current lifestyle. However that is not the case. You can easily rent a place to live or live at your parents temporarily. You could even rent out a part of your property and use to the income generated from this to keep up your lifestyle.\"\"<\/p>\n

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3. Tax Benefits<\/h3>\n

Another incentive to invest in property is the tax advantages. The Real Property Gains Tax (RPGT) in Malaysia (insert link to article) states that after 5 years of ownership, you no longer need to pay tax if you decide to sell your property. Moreover, should you decide to keep it, you can lessen the rental income with other deductible expenses such as:<\/p>\n