Quote:
Originally Posted by pengu
Ive yet to find a place that can be rented out enough to cover all fees+mortgage. It doesn't work as well with Vancouver real estate prices being so high and rent being somewhat cheaper.
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you buy real estate in vancouver for speculation on capital appreciation, not cash flow (why people like me would not call it investing, rather, gambling).
this is, unless you're a (corrupt) Chinese dude that is looking to buy residency or launder money