说点正事，房事
- 主题发起人 Ott333
- 开始时间
If so, investing in Toronto RE or investing in Gold?
The number doesn't lie.
Year 2005: Gold: $600 CAD/oz; Toronto AV House: $335k = 558 oz of gold
Year 2022: Gold: $4,755 CAD/oz; Toronto AV House: $1.27M ( Peaked) = 267 oz of gold
Year 2025: Gold: $4,613 CAD/oz; Toronto AV House: $1M = 217 oz of gold
Year 2035: Toronto AV House: 1.6M (expecting); What will the gold price be then?
The Toronto house price is declining in terms of the gold price.
Question is: Are you expecting a rental income stream? (A side job if you manage the rental property yourself). Or expecting capital gains from RE when you invest it? If it is capital gains, investing in RE or Gold?
I don't know what you are talking about here. I am sure you don't understand what I was talking about, even the question, too simplistic. Cases in points: inflation and real purchasing power in CND$.
Gold: Year 2005: $600 CAD/oz; Year 2025: Gold: $4,613 CAD/oz.
Gold price increased ( 20 years) 4613/ 600= 7.688
Average House: Year 2005: $335K ; Year 2022 ( peaked): House price: 1.27M; 20 (year) x 30K per year rental income ( assume)= $ 600k,
Total Capital gains & Rental incomes = 1.27 M + 600K = $1.87 M
House price + rental income total increased ( 20 years): 1.87/0.335 = 5.552
Of course, you can proudly boast to tell your friends you own a mansion on Toronto xxxx street, you bought it $335 in 2005, now it's worth $1.27 M (2022 peak). You can hardly tell your friends you own xxx OZ gold and you bought it in 2005 @ $600/OZ. Now it is worth $....
Some may still argue that you can leverage RE investment with a relatively lower rate. But you can also use your gold as collateral to borrow money to buy more gold. Forget my post if anyone wants to argue RE is a better investment than gold. One man's food is another's poison. Do what you believe, do what investment can make you sleep well at night.
PS: When I heard Richard Fisher, a former Fed member, had $2 m in gold in 2006, I was wondering why this guy bought so much gold. Now it is all clear.
Gold price increased ( 20 years) 4613/ 600= 7.688
Average House: Year 2005: $335K ; Year 2022 ( peaked): House price: 1.27M; 20 (year) x 30K per year rental income ( assume)= $ 600k,
Total Capital gains & Rental incomes = 1.27 M + 600K = $1.87 M
House price + rental income total increased ( 20 years): 1.87/0.335 = 5.552
Of course, you can proudly boast to tell your friends you own a mansion on Toronto xxxx street, you bought it $335 in 2005, now it's worth $1.27 M (2022 peak). You can hardly tell your friends you own xxx OZ gold and you bought it in 2005 @ $600/OZ. Now it is worth $....
Some may still argue that you can leverage RE investment with a relatively lower rate. But you can also use your gold as collateral to borrow money to buy more gold. Forget my post if anyone wants to argue RE is a better investment than gold. One man's food is another's poison. Do what you believe, do what investment can make you sleep well at night.
PS: When I heard Richard Fisher, a former Fed member, had $2 m in gold in 2006, I was wondering why this guy bought so much gold. Now it is all clear.
最后编辑:
小市民一个.不了解政府领导想什么. 不过70％的加拿大人是有房阶级, 和领导是要不要选票的问题.
