Women Are Investing In Real Estate At An All-Time High
the number of female real estate investors is increasing.
The real estate investment sector has long been controlled by men. Recent statistics, however, indicate that female property investors are becoming significantly more prevalent than they were in the past.
The team at Star Sterling observed a considerable increase in the number of female investors and the number of women interested in buy-to-let investments at the close of 2018. After completing research, we noticed that the number of women exploring online for UK property investment opportunities increased by 172% year over year. The majority of the over 16,416 women who searched online for buy-to-let investments in 2018 went on to make a purchase. From September and October, the number of women involved in property investment climbed by 78% overall.
This data has opened our eyes to the shift in the UK property market, and we hope that by sharing this information, more women will be inspired to make their own investments! Consider this guide to the rise of women in the real estate industry and its implications for the future of women in business.
THE GROWTH OF WOMEN IN BUSINESS AND REAL ESTATE
In 2019, the topic of women in real estate dominated headlines, especially on a global scale. In 2018, about 72,000 single women purchased a home in South Africa, making them the largest group of property buyers in the country. This is a tremendous figure that justifies the rise of female real estate investors even more.
WHY ARE WOMEN INVESTING MORE?
Why, then, is the number of women investing in real estate and enterprises increasing? Today’s women are significantly more financially minded than their predecessors. Through a meaningful career and savvy money management, women all over the world are taking charge of their finances and gaining more financial independence; investing and owning a property portfolio is merely another option for them to increase their income and utilize their skills and aspirations.
For many, investing could also be a means of closing the wage gap between men and women. In many United Kingdom workplaces, the gender wage gap persists. According to reports, 78% of British companies pay males more than women, suggesting that women in the real estate market may invest to earn the same or more than their male counterparts.
This shift in women’s attitudes on investments, fees, and funding has been affected by generational issues. Millennial women (those born between the early 1980s and the mid-1990s) are working more and earning more money than ever before, according to reports. With our own research on female investors, we observed that the largest increase in buy-to-let property inquiries in the UK was among women aged 25 to 34.
BEGIN INVESTING TODAY
If you’re inspired by women in the real estate industry and want to make your first investment in real estate, contact Star Sterling today. We are one of the most reputable property firms in the United Kingdom and can help you join the growing number of female investors by guiding you through the best North and North West chances.
Nevertheless, if you are not yet prepared to spend but are interested in learning more, we have a large number of guides available. On our website, you may learn about the finest places to purchase UK investment property now. Click the link to discover everything there is to know about property investment in 2023.