Alexandoy
VIP Contributor
Ever since I was young real estate was already on my mind. My father said that buying your own home is like getting free rent and at the same time your investment grows in value. Although real estate is a slow earner but it is safe from inflation because unlike other assets that depreciates in value real estate is the opposite. The only problem with real estate is the high cost of investment that you have to save money for many years before you can buy your first property. I had bought a lot for 200,000 pesos and after 5 years or so I was able to sell it for 500,000 pesos. That’s more than double the value.