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/biz/ - Business & Finance

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4571497 No.4571497 [Reply] [Original]

I want to buy a house near mcgill university and rent it out while attending the school. Is this a good idea? will the canadian housing market plummet within 10 years?

>> No.4571549

>>4571497
have a bump

>> No.4571609

>>4571549
bump, interested in this

>> No.4571786
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4571786

>>4571549
>>4571609

>> No.4572632

Fuck it I’ll bump for interest too.

I just started renting a room in a house where the owner splits the rent for super cheap between all 4 roommates, and was super casual about me moving in. I actually haven’t even met him yet because he’s vacationing in California for thanksgiving (I’m east coast) apparently because “I have money, no girl, not much family...why not?”

I plan on asking him about how he got started. Sounds like a pretty comfy gig

>> No.4572682

>Is this a good idea?
Yes
>will the canadian housing market plummet within 10 years?
Yes

>> No.4572753

>>4572682
Should I hold onto my cash until the crash then? also why do you think it'll crash?

>> No.4572815

>>4572682
damn, this was insightful

>> No.4572826

>>4571497
houses in montreal are cheap as fuck. yield is very good.

my places in vancouver rent for like 1% yeild its trash.

montreal is very undervalued. you can buy a house there for 400k. vancouver is 3million minmum

>> No.4572960
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4572960

>>4572815
ikr