Church pew tips for real estate investing
Warren Buffet one of the worlds smartest investors recently commented on Real Estate investment, saying "It's a totally sound premise that houses will become worth more over time because the dollar becomes worth less,"
Banks allowed people with small down payments to buy homes which they could not afford but were willing to speculate on rising house values. This created the Housing Bubble.
Stock investment has out performed property investment according to Investor Warren Buffet, who stated, "All things considered, the third-best investment I ever made was the purchase of my home, though I would have made far more money had I instead rented and used the purchase money to buy stocks,"
Barrie and Orillia have again been identified as among the most promising places in Ontario to invest in real estate. The list appears in Top Ontario Investment Towns, a 102-page report prepared by Real Estate Investment Network (REIN), a Western-Canadian based research organization. The report analyzes the current and future prospects for real estate investment opportunities in Ontario.
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