Google+ FANNY LEE & THE TEAM :Own Homes. Grow Wealth. Pass It On.: COVID19 - Opportunities & Risks

Thursday, April 23, 2020

COVID19 - Opportunities & Risks

With the lockdown in place in place, there is much time to reflect.  At the beginning of the year, we wrote a 2020 outlook article.

Although there are a lot of uncertainties, #Toronto #RealEstate seems to be a viable mid to long term #investment vehicle to preserve your #wealth.

Based on #TRREB, from 1966 to 2019, the average home price has grown 38 folds. With all economic ups and downs, Toronto properties still appreciate 7% annually, year after year.

Crisis in #Chinese is 危機, literally consisting of #risk and #opportunity.

What are you going to make out of it?

上星期, 和幾位同業資深朋友討論市場行情, 大家看法相近。

從中長線來看, #多倫多 #地產#物業 仍然是一個穩健的 #財富管理 #投資工具

自1966 至 2019年, 平均房屋價格上升38倍。 換句話說, 姑勿論市場的起或跌, 樓價每年增值 7%。 每一年 +7%!

這疫情無疑是一個crisis/危機。 有危險, 有機會。 你會點做?

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