Real estate may not be sexy, but… Jan 26th

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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Real estate may not be sexy, but…

– canadamortgagenews.ca

Real estate may not be sexy, but…
Rental properties are a secure long-term investment. Note the emphasis on “long-term”.
Check out any seven-year period over the past 50 years (anyone who has read this news site knows that I always recommend buying and holding for at least seven years). Property values have almost always risen.
Sure, the last five or 10 years have seen fantastic appreciation in almost every part of Canada. But, let’s leave capital appreciation out of the equation for now.
Why aren’t we talking about rental income? Or, how about the equity growth through your mortgage being paid down each year?
RENTAL INCOME IS UP, UP, UP!
Part of what makes rental properties attractive is that rent rises with inflation (or even higher, in many cases, as we have seen in urban markets like Toronto and Vancouver). This is how you create your own pension or retirement income!
Click on any newsfeed about real estate and you’ll surely hear about where mortgage rates may end up and the anticipated rise and fall house prices…

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