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Bank of canada jacking mortgage/unsecured credit interest rates to curb inflation, citizens eating it again


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1 hour ago, SkisNH said:

Rentals typically return higher than the stock market...but the pain in the ass factor is much higher. The risk is similar, as you will have Tennants not pay or if they leave and you lose a month's rent cleaning and painting....or....The fucking govt tell people they don't have to pay rent because of a plandemic. 

I suggest holding both stocks and rentals....just make sure your shit cash flows or you can end up in a world of hurt real quick (better yet own them debt free)

Real estate needs to be leveraged to get decent returns that rival the stock market.  Mind you the last two years have seen gains totally near 50% here, so that eclipsed the stock market.   One can also own REITs instead of hard assets but the public offerings have the same exposure to the stock market.  This is why 1/2 my investments are in private equity.  

Best to spread it around, but being in hard assets is probably wise moving forward.

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