RE attracts the shittiest investors, who can't even beat TSX.
Particularly true for Chinese and Indians, most only know "BUY LAND NEVER SELL" "NO MORTGAGE = CASHFLOW POSITIVE = GOOD INVESTMENT!" and are so risk averse they only put cash in HISAs
Will be interesting if they learn other investments
RE attracts the shittiest investors, who can't even beat TSX.
Particularly true for Chinese and Indians, most only know "BUY LAND NEVER SELL" "NO MORTGAGE = CASHFLOW POSITIVE = GOOD INVESTMENT!" and are so risk averse they only put cash in HISAs
Will be interesting if they learn other investments
Do you think there’s going to be enough of a sell off in condos in the GTA and GVA to make them cash flow positive investment assets?