Why a House and not a building or a car or a toaster? Good if you understand some money you know toaster and the car are assets that are depreciated, that is to say that for every day that passes its value decreases, I do not mean that they are unimportant, the point is that if you know money and want to put it to work to get the most out of what you’re going to do is reverse it. And why not a building? Because most of us don’t have enough money to buy even a House, then are we going to buy a building? Even more, do not think a person with enough money and surplus interested in reading the input that I have entitled why a House?. I am sure, in the first instance, that person would not come to a place called I want a House when that phrase is less than even a concern for him while you enjoy your Beach House on weekends. Additional information at BSA supports this article. And that such a House? Thats a better option, not because it is a commodity too cheap or economic (though is it compared to the building) but because it is as more logical for a parent who is renting, for one older person who has saved save, or for anyone who wants to invest a small capital, examples abound. Nothing simple task you’ve searched, that if you live in Spain the crisis situation does not help anything, that if you live in Argentina is impossible to access to credit, and so each country has its difficulties. There is a double reward for those who decide to invest in a housing cooperative plan.
On the one hand when you pay a fee is doing what percentage cancel the total amount of your future home. This means that as you bring money, the percentage is increasing, up to 100% which is when you have completed the payment of your House. On the other hand, the advantage of this type of investment is that you are investing in the long term to get home. Then not only is paying your House, but that also is guarding your money. Is it because? Above all this making sure your money don’t lose value against inflation contexts and devaluation. Therefore, to give you an example, let’s say that the House has a total value of $100.
If you bring $20 means that it has 20 percent of its canceled House %. Now suppose that in an inflationary context, the value of the House increases 25% in a year. It means that to year 2 the total value of the House is $125. However, in spite of the House increase in value you maintains cancelled 20%, so that is as if you had contributed $25. Ofcourse Please note that not all cooperatives working in this way, maybe the majority does not adopt this methodology.