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dan |
With the uncertainty in the stock market, it is easy to question whether investing in commercial real estate is the right decision for most investors. Fear not, Calgary's commodity based economy, provincial tax structure and our cities commitment to growth should provide investors with a sense of long term calm. Land values are off by an estimated 40 -50% since 2007 and the cost of money is at an all time low. Perhaps the time is now for investors to be breaking from the herd, taking the bull by the horns, and expanding your portfolio with land. It a long term view that is likely to prove out with favourable upside.
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