Real Estate As An Investment
Hey all, just wanted to bring up real estate as a topic for investment. I have a couple of rental properties myself here in Canada that I am happy with as investments. I like them because the income is predictable enough to comfortably take on debt that I would definitely not be comfortable taking on to purchase stocks or bonds or even etfs. I feel real estate is a decent hedge against currency inflation but rising interest rates could be detrimental to my return on investment and to property values. I've heard Preston comment on real estate periodically and seem to remember him saying if interest rates go up and property values happen to decline, the biggest losers would be the ones holding the equity in the properties. I'm not clear what he meant by that. Anyone have any insight on that or real estate in general?