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The Canadian rich are getting richer, thanks to their houses

General Angela Calla 5 Jun

Some interesting points in this Financial Post article:

  • 36% of BMO high net work clients surveyed own a least one second property worth $708,539
  • many of those people are tapping into equity in their primary residence to fund those additional property purchases
  • most of these folks leverage their property and invest the money
Read the full article HERE