The worst (well, not the best anyways) time to buy investment real estate is when interest rates are low, ironic of course considering the hype in Calgary these days....
You are buying in at the wrong time in the cycle. Sell when rates low, buy when high. Stocks are usually the inverse of real estate, so buy when returns are low (and prices low) and sell when (or after really) returns are high (when prices are high).
The VERY significant majority of return on investment in stocks in history has taken place over a dozen or two DAYS. Likewise with real estate, the majority of profit is made when a bad (high interest) market turns the corner and, as people cash out of the stock market, buy homes en-mass.
The only way to capitalize on those major profit periods is to have invested counter to what might 'feel natural' (ie: buying a house when rates are low).
Claeren.
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