Almost all of my friends are 100% or 99% invested in real estate.....
Almost every chart I look at implies Canadian housing is in a MASSIVE MASSIVE bubble.. our ecom is real estate..
When it fails I am wondering if others think BTC and PMs will lift off.
If they are getting high rental yield, it really doesn't matter if the housing market correct up to 50%.
Problem is these apartments and condo can't even get 5% yield before maintenance cost and other wear down cost.