Looking to get into the real estate market, but do not have enough for a single property down payment? Perhaps REITs are an option for you.
In a report on research Erkan Yönder used machine learning to model growth in rents using housing and census data and immigration and population projections.
According to his research findings, the average monthly rent could reach $7,500 in Vancouver and $5,600 in Toronto by 2032 if current trends in construction and population growth continue.
In this video real estate and investment expert Michael Succurro sits back down with Stockhouse to define rent projections and whether there are greater opportunities for REITs and institutional investors.
Check out previous conversations with Succurro about mortgage renewals, the announcement of 30-year amortization revisions plan and the recent US Election break down on your investment decisions.
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