Uncertainty is certain in housing market
Bert Chapman from Premier Canadian Properties in Kelowna says a certain amount of uncertainty is a certainty in the real estate market.
But one fact is reliable: All people in Canada want to be housed. So buy one for yourself or buy one and rent it out.
“Real Estate is the only investment that someone else buys for you,” said Chapman. “If you buy a house or condo and rent it to some fine tenants, in time they will pay for it. You will own it.”