Buy Canadian
A community dedicated to buying Canadian products.
Une communauté dédiée à l'achat de produits Canadiens.
Rules:
1. Posts must be related to buying Canadian-made goods and / or using Canadian-owned services
2. Absolutely no bigotry will be tolerated. This includes, but is not limited to, racism, sexism, homophobia, transphobia, etc.
3. AI Content Policy
Not allowed: AI-generated images or articles
Tolerated: AI-generated post summaries
4. When discussing a Canadian product that isn't available nationally, please do your best to specify where it can be purchased
5. Only content in French and English is permitted
6. Declare all self-promotion
Users are encouraged to report any content that violates our community guidelines
Règlements :
1. Les poteaux doivent être en lien avec l'achat de produits et / ou de services opérés par des canadiens
2. Aucune bigoterie ne sera tolérée. Ça comprend, mais sans se limiter à, le racisme, le sexisme, l’homophobie, la transphobie, etc.
3. Politique sur le contenu IA
Non permis : Images ou articles générés par l'IA
Toléré : Résumés IA de publications
4. Lors d'une discussion sur un produit canadien qui n'est pas disponible à l'échelle nationale, veuillez faire de votre mieux pour préciser où il peut être acheté
5. Seul le contenu en français et en anglais n'est toléré
6. Déclarez toute auto-promotion
Les utilisateurs sont encouragés à signaler tout contenu qui ne respecte pas nos directives communautaires
Related communities: Communautés connexes :
!buyeuropean@feddit.uk !buyafrican@baraza.africa !boycottus@lemmy.ca !canada@lemmy.ca !canada@lemmy.ml
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Anything to do with housing. A house is always worth a house.
OP, do not follow this advice. Housing is for shelter. As an investment, you're putting all of your eggs in one basket, in one country, in one narrow local area, in a risky market. Even REITs historically underperform the humble broad-market index ETF.
Do not drink the boomer kool-aid that it's a magic get rich quick scheme and they're super smart when in reality, they got lucky.
Buy or build a duplex or split a house into apartments. You're increasing housing supply and generating income at the same time.
Except when the bubble bursts, or the market turns.
Buying a house now just before an election, where the subsequent Government will almost certainly take drastic steps to alleviate the housing crisis, is begging to lose significant value to depreciation.
Buy a house to have a home? Absolutely. Buying one solely as an investment? I'd wait a year to see how the dust settles first.
Who said become a landlord? Buy a timber tract, invest in home repair, appliance companies, and building contractors. Housing demand is way up right now. Sure there will be downturns, but I doubt there will ever be a Canadian housing bubble.
It was this tautology I took issue with. I do agree that there are many housing related ways to invest that are far less susceptible to market manipulation.