Real Estate – Rent or Buy?
Anyone interested in Vancouver Real Estate … and what Vancouverite isn’t … ought to read thru the August 15, 2011 (print version) of Canadian Business’ Real Estate article ‘Rental Complex‘ by Joanna Pachner, for a great analysis of Renting versus Buying.
For the patient, value buyer, the gap between Vancouver House prices (orange line) versus Rental cost index (yellow line) is startling.
Next time? Risk Management. Doug Cronk CFA is Manager, Investments for a Canadian Pension Plan