Quote:
Originally Posted by Slava
I would love to see a shred of evidence to support his argument here as well. I haven't looked, but over the longer term I'm not even sure that real estate has beaten bonds or GICs.
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What like this? I wouldn't call it "proof" - because people will believe whatever they need to. Interesting regardless.
http://money.cnn.com/galleries/2007/...mag/index.html
Speaking of hype/automagical numbers for Canada:
http://www.canadiancapitalist.com/re...ate-returns-2/
Personally, I'm not as keen on REI as you have ALL your baskets in the same basket. Heck, most of the time they're in the SAME city/location. (This is coming from somebody that does has a rental property btw, just more invested elsewhere.)
At the end of the day the biggest issue is that I value my time, REI can be a big black hole that way. But perhaps I'm biased on the other side of the spectrum.