Real estate is very much preferred by money smart people for various reasons, and some of the important facts are listed below. One of the most commonly leveraged investments is real estate. It is possible to borrow money if the person has investments in a house. In order to buy stocks and shares money can be borrowed against the value of the shares. Likewise the same can be done with real estate properties as well. Many people might be living in rented house paying some amount of money to the landlord every month. Instead of paying money in this fashion, it will be a very good idea to buy a house and pay the money as housing loan installments as it will be more advantageous.
It will have some tax benefits too. Usually, the mortgage interest will be deducted from tax, and this will act as a very good benefit to many people. Even some concessions are offered in the property tax. If the possibilities of the value of the house increasing are more then, it is a very good idea to buy the property, as it will be highly beneficial. However, a small disadvantage in this is that no one can predict the future but if the luck favors then it will give a very good profit for the owner.