Tuesday, January 31, 2017

There is no Canadian Real Estate Market

I read this article the other day. It's not bad advice, all markets crash, it's not news to anyone. Although sometimes is a bad surprise if you're in that tumbling market. 

Part of being an investor is going through some really bad stuff, losing money, losing tenants, damaged properties and (gasp) the 3am toilet call. 

The biggest problem is there is no Canadian market. There's the Vancouver market and the Galiano market and the Cape Breton market and though they are all Canadian they couldn't be any more different.

So, yes, your market will crash, hopefully you aren't over exposed. If you are learn something from it get up and start over. Certainly don't run away and never look back because "investing is dangerous".

Not investing is more dangerous. 



2 comments:

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