The World’s biggest asset manager Laurence D. Fink says that buying a condo in Vancouver is a better investment than buying gold bullion.
Speaking at a conference in Asia on Tuesday the Blackrock Inc. chairman said that historically gold “was a great instrument for storing of wealth” but that it has lost some of its lustre and there were other ways to store your wealth that are inflation-adjusted.
He pointed to apartments in New York, London and Vancouver as being better alternatives; just behind contemporary art.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Contact Renee Pelland at 604 720 1581 or firstname.lastname@example.org.