Update, Part 1
Actualización, parte 1
Mise à jour, partie 1
I have been laying low these days while I focus on my next step of moving to Ottawa. Yes, for business and lifestyle reasons, I have decided to move to Ottawa with a target date of some time in 2019. That is a wide range, of 365 days, but I am working on it. For this next step, I need to find acceptable real estate and employment in Ottawa and improve my French as much as possible. Why Ottawa? First, for better real estate investment opportunities. I am a buy and hold real estate investor. Real estate is one important part of my investment portfolio. In Toronto, real estate prices have shot up in the past decade, especially in the last 3-5 years, and are currently at dangerous bubble levels, so I have missed the opportunity for large capital appreciation. Most importantly, although rents have gone up a lot in recent years, they are still very low relative to property prices, so between collecting little rent and likely no capital appreciation in the next few years, Toronto is not a g