Real Estate market
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Posted on: 21-08-12 16:59:18
Kya baat he ..kya baat he..!
What’s the rush, first-time buyers? Now's the time to rent
http://www.theglobeandmail.com/globe-investor/personal-finance/whats-the-rush-first-time-buyers-nows-the-time-to-rent/article4493774/
There is this webblog by Garth Turner, it gives you clear insight on what is happening and future of real estate in Canada. There is one posting everyday. It is cool!!
http://www.greaterfool.ca/
Tell me what will happening to real estate in Canada? People still will need a roof to stay. Am I wright or wrong?
you are wrong. You need RRSP, RESP, Insurance which some experts will invest in some stupid stocks and then towards the end of the life you find yourself pushing some cart in some supermarket to meet both ends. What is the use of having a roof anyway when you can rent!. Push the carts for someone else's mortgage!
Quote:
Originally posted by bhootnath
you are wrong. You need RRSP, RESP, Insurance which some experts will invest in some stupid stocks and then towards the end of the life you find yourself pushing some cart in some supermarket to meet both ends. What is the use of having a roof anyway when you can rent!. Push the carts for someone else's mortgage!
Hmmm...so all you need to secure in your life is ......one Cart !!!
Nice.. you showed me the light ....the way forward... thank you dear bhootangle !
Quote:
Originally posted by ashedfc
Quote:
Originally posted by metallurgy
Tell me what will happening to real estate in Canada? People still will need a roof to stay. Am I wright or wrong?
Don't Americans/Spanish/Greeks need a house (roof to stay)...
then why is it crashing there.
considering I am signing(buying) my first home this weekend, I am nuts to agree with you, but ya its correct
On the brighter side, in US if you look at the major cities like NY it is not hit that hard. Still the townhouse go for around $500K. So ya it also depends on the location of yours....
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