What is it with Kimberley? You must own a lot of real estate there that you are trying to flog? I do not see any upside there for investors.

What is it with Kimberley? You must own a lot of real estate there that you are trying to flog? I do not see any upside there for investors.

Investor Asked on June 17, 2020 in Real Estate.
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I currently own no real estate (other than one building lot) and not flogging any either. Ok, I see so many people in the interior renting. Yet, you can buy an older ski condo under $100,000 on the hill, (I started recommending them when they were $55,000), fully furnished and with balcony and FP. I think it would be a fine investment for a young couple with $5000 down? They should not be renting. Also, did you ever hear of skiing, golfing and river rafting, lake fishing? And then no parking meters! I love the place…yes. But the same applies to Fernie and a half dozen other hills.

Guru Answered on June 18, 2020.
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