I don't look at my home as an investment, an asset yes but just a home, a safe haven. If I sell, I will still need a home. The only entities that benefit is the realtors and the provincial government that skims off tens of thousands of dollars without lifting a finger in the form of a Property Transfer Tax. Before that the Municipal government robbing me annually a few weeks after getting my Federal tax return.
Posted via Steemleo
Indeed and also the banks who have already sold on the promise of your inflated payments to a pension fund or hedge fund!
In this rigged system the consumer is always the loser he just doesn’t realize it most of the time, they’re stuck with the bill and think this is normal