Q: Hi,
RBC came out with a report last month on comparing CAR.UN/BEI.UN to renting a condo. Citing you would have done better over the long term with a REIT plus you do not have the hassle of dealing with tenants, possibly not being paid rent etc. What are your opinions with such a thought process of buying a REIT instead of a rental property? Is this a fair comparison?
RBC came out with a report last month on comparing CAR.UN/BEI.UN to renting a condo. Citing you would have done better over the long term with a REIT plus you do not have the hassle of dealing with tenants, possibly not being paid rent etc. What are your opinions with such a thought process of buying a REIT instead of a rental property? Is this a fair comparison?