The house price in Alberta lower than Vancouver. Is that good for investment?Space for appreciation?
So when you are choosing when Cover or Alberta or Toronto, you must understand one thing. You must position yourself. 1st, what kind of investor you are. If you are a short term investor or a long term investor, considering different things, you think about different things.
If you consider yourself as a long term investor, you need think about one thing what will happen in the next ten years, in the next 20 years, in the next 30 years, You need to think about the long term situation. OK? So, e.g., if you want to buy practice in a border in Edmonton or in Calgary unions, think about it. What will happen to Edmonton or Calgary in the future? Probably if we only talk about the house price?
And nobody knows, but we can talk about something else. What is deciding the house price people, how many people you have, and what the population? If the population is going down and is not good for the long term situation, if the population is going up and it's good for your investment, what kind of situation will make the population going up? Jobs. So where are the jobs? So why people go to cover?
Why do people go to work, to make money, to do business. So why do they go there to do business? Oil industry, the gas industry. But think about the oil industry and gas industry. It's an industry is going down, for sure. Guaranteed. There's no maybe anymore. Take a look at the budget for the governments and of U-S, Canada, China, Europe.