- Joined
- Oct 27, 2009
- Messages
- 1,210
[quote user="ThomasBeyer"]Is was indeed wise to buy US properties with a strong Can$ when US housing prices were very low, in 2009-2010.[/quote]
That's not what posters said at the beginning of this thread.
Reviewing this thread is educational. And entertaining. At least for me.
[quote user="ThomasBeyer"]The question now is, is it time to SELL US properties as a Canadian ? [/quote]
Only speaking for myself, I don't see any reason to sell.
[quote user="ThomasBeyer"]
Does it make more sense to invest Can$s today at 80, soon 75 cents US in the US which has already higher interest rates and higher income taxes ?[/quote]
Obviously my U.S. property portfolio generates USD. If I found an interesting U.S. property today, I wouldn't need to use the pathetic 77 cent Can$. At this point, when it comes to the U.S., I wouldn't need to use Can$ ever.
If you didn't buy dirt cheap U.S. property when the Can$ was at parity with the USD, you missed the boat. No excuses make any sense. It was a giant multi-year window.
That's not what posters said at the beginning of this thread.
Reviewing this thread is educational. And entertaining. At least for me.
[quote user="ThomasBeyer"]The question now is, is it time to SELL US properties as a Canadian ? [/quote]
Only speaking for myself, I don't see any reason to sell.
[quote user="ThomasBeyer"]
Does it make more sense to invest Can$s today at 80, soon 75 cents US in the US which has already higher interest rates and higher income taxes ?[/quote]
Obviously my U.S. property portfolio generates USD. If I found an interesting U.S. property today, I wouldn't need to use the pathetic 77 cent Can$. At this point, when it comes to the U.S., I wouldn't need to use Can$ ever.
If you didn't buy dirt cheap U.S. property when the Can$ was at parity with the USD, you missed the boat. No excuses make any sense. It was a giant multi-year window.