U.S vs Canada (In general)

[Aditya Bhate]

One of my friend who is a dual citizen of U.S & Canada recently asked me this interesting question. He is currently in Ontario, Canada. 

But since he has dual citizenship, he was confused should he move to U.S for settlement considering the following points:

1) In general, houses are more expensive in Canada compared to U.S comparing 'similar type' cities.

2) Taxes in Canada compared to U.S (*Again varies from state to state but in general)

3) Overall number of deals (residential/commercial) are more in U.S compared to Canada.

4) For someone looking to settle permanently in one particular country, we need to compare other factors too such as Cost of living, Healthcare (Facilities and Cost), Insurance, Crime rate etc. 

5) Again weather is an important factor because many may not like the harsh Canadian winters. Also, Real Estate pretty much slows down in Canada in the cold compared to U.S?

6) Investing U.S has some added perks such as 1031 tax exchange which makes a big difference while scaling fast. 

Obviously, knowledge of local market plays an important role while investing, but again if we just compare both countries for someone just starting out in Real Estate and long term view of things in general.

Please do give your opinions on each and every point mentioned above! 

Thanks a lot !