Best Canada Real Estate Investments Tips You Will Read This Year
De Wikifliping
Real estate investment is a popular and profitable type of investment in Canada. Investors looking to enter the Canadian real estate market have various options, including direct investment in properties, real estate investment trusts (REITs), and investing in publicly traded real-estate companies. In this article, we are going to explore several of the very best Canadian real estate companies and what they have to offer.
There once was a time where the world did not think much of Canada. It was the backwater of North America, a simple piece of landmass that was known Best Real Estate Investment in Ontario as the 51st state. Times have changed, and Canada has moved from being on the periphery to taking centre stage.
The events of the last year has seen the emergence of Canada being an important economic actor on the world stage. Canada has emerged from the crash of 2008 and subsequent recession unscathed: the country experienced no subprime mortgage crisis, nor do we have a sovereign debt crisis like the European Union. Canada has already exited the post-recession recovery stage and entered a period of growth. Canadian banks are within sound shape, and are being regulated by sound monetary policy by the Minister of Finance and Governor of the Bank of Canada.
In case you are preparing to invest in real-estate in British Columbia, Canada, one of the challenges is to determine on a strategy that will bring the highest returns. Within the current market, you may no longer count on quick price increases and flipping. Now that real-estate prices are stabilizing, you have to think of long term strategy for their investment. The best and most popular one is to rent unfurnished property for a long-term. On the contrary, an increasing number of landlords are realizing that they may get higher returns in short term furnished rentals market, particularly by converting their investment property in to a corporate housing unit. Corporate housing units are rented to companies which send their employees for short-term projects or relocate them on temporary basis. Since the company is responsible for the rental payment and the unit, property owner can be sure that the unit will be in good condition and always paid for.
In the city of Vancouver there is definitely an enormous demand for corporate housing due to the nature of the economy. Vancouver is home to many large corporations in a number of sectors which often bring in employees from other parts of the country or across the world on a temporary basis. Illustrations of this could be found within the film, technology, software, and shipping industries. Film companies will often assemble a cast and crew for a production that lasts a few months; technology companies such as Telus will bring in staff to Vancouver for online classes that last a number of months; software companies for example EA Games will import talent from their other offices for the production cycle of a game. Irrespective of which specific industry it really is in Vancouver, there will be a perpetual demand for furnished property rentals.
