Part 8/9:
While statistics suggest that owning a home has been a superior strategy for wealth accumulation in Canada over the past two decades, predictions regarding future market behavior indicate that real estate may experience slower growth rates. Despite changes, the effectiveness of leveraging real estate remains strong as one of the most stable asset classes available.
However, aspiring investors must weigh the laborious demands of homeownership against the comparatively passive nature of stock investment. Ultimately, by choosing to own real estate, investors access both leverage and the ability to generate wealth through property appreciation, while also providing themselves a living space free from rental costs.