Sean Davidson Posted: Jan 04, 2013 5:52 PM ET
Investors hear it all the time: real estate is a sure thing. Or, at least, it’s as close to a sure thing as can be expected; safer than going for a white-knuckle ride on the stock market and seemingly simpler than muddling around with bonds and RRSPs.
Property values, proponents of this mantra like to say, only partly in jest, will keep going up so long as we’re making new people faster than we’re making new land.
This is, experts warn, an over-simplification, and one which creates risk for those who plan to use real estate to bankroll their retirement.