Aug
31
Why Bother With Stocks in Vancouver’s Relentless Housing Market?
By-
Boomers banking on homes for retirement in the money — so far
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‘People told me I was crazy,’ says 45-year-old investor
In the spring of 2012, Dustan Woodhouse, then a 40-year-old Vancouver mortgage broker, broke the cardinal rule of saving for retirement: he liquidated his retirement fund, took the tax hit and plowed the rest into the local real estate market.
“People told me I was crazy,” says Woodhouse, 45, whose plan is to buy and have paid off 10 such investments by his late sixties. “But that’s our pension — that’s what that property is.”…
Why Bother With Stocks in Vancouver’s Relentless Housing Market?
