Quote:
Originally Posted by Fuzz
If it wasn't undervalued, why invest? Are we just rising to where we should be, rather than it being a bubble?
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Because Canada is a prosperous, stable, peaceful country with a strong rule of law and property rights. It’s about as safe a harbour as you can find for someone looking to park their money. It also has a very low barrier to foreign investment. Then add in the sustained boom in the Golden Horseshoe and the Lower Mainland, and Canadian real estate becomes almost a no-brainer as an investment.