An industry service from the Real Estate CyberSpace Society!
Well, after my last couple of blogs, I can not neglect to mention leverage and my thoughts on how to use it today in the the Edmonton real estate market (I would argue my thoughts are applicable just about anywhere in the world at this time).
Most of you no doubt know that leverage refers to how much debt one uses to purchase something. A general rule of thumb is that the more leverage one uses, the greater one's return on investment. Sounds great, doesn't it? Well, there is another…Continue
Added by Gerald Tostowaryk on July 5, 2010 at 1:30pm — No Comments
So Greece is having its economic challenges, and now other European countries are wavering. They're a long way from Edmonton, what possible effect could their economies have on our real estate values? Lots.
Now there is an old saying that we all rise to our level of incompetence and I think me disucssing world economics is probably rising way past my level of incompetence...but what the heck. Let's see how far into trouble I can get myself.
I do not know how much trouble the…Continue
Added by Gerald Tostowaryk on July 4, 2010 at 1:30pm — No Comments