Quote:
Originally Posted by chemgear
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.
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I scanned that quickly, but I'm pretty sure that we are arguing the same thing here. I am not saying that you can't make money with Real Estate, but I am firmly of the belief that there are other investments that you can make more money with, and with less risk.