Quote:
Originally Posted by Stormspirit
Investment wise real estate, if you had 400k, would you buy a brand new Condo or a House in terms of renting it out and waiting for it to rise in value, which one would gain you the most money in the short and long term?
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if it doesn't cash flow positive, it's not an investment, it's speculation.
whichever one has the higher yield will provide greater downside protection.
as for upside potential, you look at the future potential for income growth.
this is the fundamental / financial view, not the speculative view (most have the latter, as Vancouver is entirely a speculative market right now)