A Buyers Market

In the December of 2007, my family decided to buy an extra house. At that time I was too young to understand that we had bought that house, not because I wanted it, but because it was the phase of the 'buyers market'. One of the shifters for Investment demand is expectation; my dad had maybe know that maybe the future wasn't so bright for buying a home therefore bought the house within a matter of a month. When recession occurred, we had put the old house up for sale, but quickly realized that no one would be willing to buy the house. According to our real estate agent, the best choice was to put it up for rent so we profit from the monthly checks rather than just waiting on someone to buy the property.