Canadians Investing in US Real Estate

[Scott Innocente]

Low interest rates, favourable exchange turn U.S. into hotspot

EVEN FOR INVESTORS IN CENTRAL CANADA, WHERE THE METROPOLISES OFFER DIMINISHING RETURN ON INVESTMENTS, THE UNITED STATES OFFERS DENSELY-POPULATED MARKETS WITH STRONG FUNDAMENTALS AND NO SHORTAGE OF RENTAL DEMAND.

All across Canada real estate prices continue to rise at an incredible rate making buying an investment property an increasingly difficult task. The Canadian government has mismanaged the real estate market so insidiously that investors may find themselves struggling for cash flow and high ROI. This has many looking South of the border for investment opportunities.

The US real estate market (in contrast with the Canadian real estate market) was built on capitalist ideologies, less red tape, more incentives to develop, and real estate friendly tax rules, meaning there is a far greater opportunity for higher returns. Investors always go where the returns are.

https://www.canadianrealestatemagazine.ca/.../low...

[Chad U.]

Originally posted by @Scott Innocente:

Oracle Corp. reveals River North tech hub plans with record-breaking 8,500 jobs

The thing I love about the US real estate market vs Canada is that the US has MASSIVE multi-billion dollar global corporations that fuel the economy, whereas, Canada is fueled mostly by tight supply, socialist policies, and immigration.

https://www.bizjournals.com/na...

Totally agree.  The long term outlook on the fundamentals cannot sustain this insane market.  Prices are up 50% in one year in the nearby to you Chatham market.