February 18th, Book Updates E-mail this blog post to a friend. This makes me dangerous. Merely by reading this blog, you are at risk. Please wear protection. Challenging me is great fun, and many do it. In fact, this seems to be a widely-help opinion in Cowtown.
How odd. Taxes: approx. On the surface, the tenant wins. I did not factor in steadily rising VRM costs from through as the Bank of Canada slowly increased its discount rate β which could dramatically slow principal repayment, as well as tank condo values.
But, of course, deducting debt principal payments from actual living costs is just a real estate industry trick. The argument realtors put forward never acknowledges that, or the withering commission payable when selling a property.
Will Calgary condos retain their value over the next half-decade? Beats me. Not only that, her condo could turn illiquid, causing a serious problem in the event of a transfer, job loss or marriage to a rich renter.
I would love to get the kind of return on cash that that mortgage rate would represent, but I have my doubts. That return would attract of ton of investment, which would tend to keep rates down. I think Garth is running for PM by stealth. She is 74; husband Sometimes I feel like I am walking through a dream-mare. A messy concoction of fright, incredulity, astonishment. Sir Garth: Just think of the power you possessed. You therefore controlled him.
