Quote:
Originally Posted by rymack
I’m more concerned at this point on downside risk of this particular unit of any sort of assessments or a further collapse of the condo resale market( though long term the condo collapse seems less of a issue) . all of this is in relation to investing the remainder of the cash in “the market” per se.
There are two costs associated with selling the condo ( realtor fees and capital gains ) which may argue for holding the property .
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Cap gains can be erased assuming you have rrsp room
RS stonk members will tell you to sell, and buy stonks
RS RE members will tell you to keep the investment
What feels right to you? Your already far ahead of the majority of the population, if you have an investment unit