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/u/YogurtclosetNo7932
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Im a 26 yo man living in canada. I would love to achieve financial freedom and for a few decades real estate has been the answer for many Canadians to build wealth.
My question is, what are your thoughts on buying rental properties to build wealth in canada going forward into 2025 and beyond. I feel real estate has become very expensive with the costs, maintenance and tenants/landlord laws. I am also skeptical with real estate appreciation. Some people have seen 2x,3x and even 4x on their real estate investments but with the current prices i just cant imagine and average home in canada being north of $1 million in 10 years.
Id love to hear feedback from others on real estate investing. Am i just over analyzing?
Thanks!
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To buy or not to buy RE
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My question is, what are your thoughts on buying rental properties to build wealth in canada going forward into 2025 and beyond. I feel real estate has become very expensive with the costs, maintenance and tenants/landlord laws. I am also skeptical with real estate appreciation. Some people have seen 2x,3x and even 4x on their real estate investments but with the current prices i just cant imagine and average home in canada being north of $1 million in 10 years.
Id love to hear feedback from others on real estate investing. Am i just over analyzing?
Thanks!
submitted by /u/YogurtclosetNo7932
[link] [comments]
To buy or not to buy RE
Continue reading...