In the UK, investors always plan to buy a small home first in an area they can rent preferably near the city and near employment opportunities. This is because as their equity rises in the value of the appreciating home, they can then afford to buy a larger home the second time and use the first home as a rental property to derive an income. Ownership of a rental property is an important key up the ladder of accumulating wealth in many cities in the world.The lesson in property investment is very apparent no matter where you live and rental income is a wonderful way to diversify your household income.
Please read : http://www.dailymail.co.uk/money/news/article-3764687/Prosperity-rise-UK-one-67-people-calling-millionaire.html
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