My thoughts on Real Estate

Real Estate
Real estate is the business of buying land or properties to produce a return or income.  Bare land can be purchased and held over years as value increases.  Homes or condos can be purchased and lived in while the value increases or while improvements are made to increase value.  Income properties are also common, purchasing a property for someone else to live in and pay rent.  I'll dive further into these methods but before I do, I need to mention it doesn't always go this way.  There are risks involved as with any investment worth participating in.  Research markets in your area before considering real estate. Home ownership Let's look at some numbers.  These are the average house prices in Canada via www.crea.ca as of Dec 2016: Canada: $470661 British…
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