Friday, October 3, 2008

Real Estate

I am a huge fan of real estate. The whole process and how ego driven it can be amuses me. It can be a major power trip. I love looking at places on the mls. I like the mortgage calculations, the bank pre-approvals and signing on the dotted line.

Despite the current real estate crisis in the US and abroad, my enthusiasm has not wavered. I am not in a position to buy anything right now but it doesn't stop me from learning a lot about communities just on the basis of "I wonder what I can buy for $x?".

My aunt was the only person in my family who had a passion for real estate. By the time I was finishing high school, she had moved into her 5th house. Each transaction making a really decent amount of capital gains. (In Canada, you do not pay tax on capital gains from a primary residence.) She must have been a stronger influence on me than I had thought.

2 comments:

  1. Glad to know there are others out there like me; I too am addicted to the MLS!

    ReplyDelete
  2. Thank you for your comment Syd! I am grateful to be finding and learning from so many like minded people!

    ReplyDelete