Survey distils buyers’ views
friends and family is not very important to them. Many respondents spontaneously mentioned that they are concerned about the crime rate and the security presence in the area in which they are looking to buy or rent. Overall, very few of the respondents regarded themselves as property savvy, which suggests that more needs to be done to educate both those who were considering investing and tenants who leased property.
The report highlighted that regardless of the economic climate, those who took part in the survey preferred buying to renting. This theme prevailed throughout the report, as respondents view buying property as a good investment and make more positive associations with it compared to renting property.