++Cashflow /w No Appreciation VS Appreciation Markets
I am analyzing new markets in my surrounding area. I am happy /w Barrie, but the massive appreciation is starting to kill the cashflow potential. My current properties are doing good. But future ones...
My question is:
Which market type is better?
1. A market that has excellent population growth, with a mid-high affordability index. Appreciation is high and fast. Demand is high, so winning offers arent frequent. Cashflow is low and in many cases not possible.
2. A market that has a stagnant population /w little growth, low affordability index. No/low appreciation market. SFHs are cheap, and rents are good. Cashflow is high.