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^^ this is what I feel too, I think the so called new immigrants are tapping out too. They can't afford the rent prices. And we're not letting enough rich enough people in. Also you have to deal with bs tenancy rules. So definitely rental isn't as good as what it used to be. Let alone you factoring in extra property tax, higher insurance cost and capital gains when you sell. At current % rates it still doesn't make sense as an investment.
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