Live in Detroit, Invest in Windsor

[Kah M.]

Hi BP Canada! 

With the US dollar so currently being high against the CAN dollar, I was thinking about buying my next property across the border. I feel prices on this side of the border have become highly inflated and I could potentially get more bang for my buck somewhere in Southwest Ontario. I currently like working with SFH but I'm open to duplexes. Does anyone have any experience with cross border investments?

[Roy N.]

@Ming Lim

The economy is not that terribly strong, the country technically entered a recession in August.   Additionally, real estate is overpriced in many parts of the country - Canada was second on the list of countries with the least affordable housing this year.

That said, there are still deals to be found, but they are thinner and further apart.