/biz/ - Business & Finance

>>15253051
I'm not sure we understand each other. I'm saying real estate is a bad investment because it's inflated. Let's say the 'real' value of some new Chinese townhouse in Markham that looks exactly like the next 3 dozen beside it is $100,000. But because of the speculative that's been going on for well over a decade now, let's say you can buy that same cookie-cutter townhouse for $200,000. This means, in theory, that you will need to pay a $100,000 premium. That is a lot of landlord work for you, to pay for something that is technically overvalued. I don't think that's a good idea. Not sure what your monthly income has to do with it... if you have a decent monthly income, why bother saddling yourself with something like this?