Is Real Estate a 'Good' Investment
In major Canadian cities like Vancouver and Toronto, real estate has been seen to be a good investment historically because of growing demand, shrinking supply, low interest rates, and easy access to leverage. Most agree that that many Canadian cities have a housing affordability crisis and have put pressure on governments to intervene. Now, in a high-interest rate environment and new government policies on rent control and tenant rights, investing in Canadian real estate may no longer be appealing. Listen as Mehul interviews Keaton Bessey, Managing Broker of Greater Vancouver Tenant & Property Management Ltd. about the reality of investing in Canadian real estate today.
This podcast episode has been prepared by Mehul Gandhi, CFP®️, CLU®️, TEP an Estate Planning Specialist and Senior Insurance Advisor for Westmount Wealth Planning Inc. Westmount Wealth Planning Inc. is a subsidiary of Westmount Wealth Management Inc. Westmount Wealth Management Inc. is registered as a Portfolio Manager in British Columbia, Alberta, and Ontario.
This episode contains the current opinions of the host and guests, and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide personalized legal, accounting, tax, or specific investment advice. Please speak to a Westmount Wealth Advisor regarding your unique situation.