Preconcession Condos

I think diversification in thet aspect is really important. For me, it's like planting a seed. And especialy, you don't have to put that 20 % seed in right away. I invest in preconstruction condos myself. We have our first one starting up for rent pretty soon in the kitchener, waterloo area. The condo corporation can change those fees, especially after the first two years. If that million dollar unit is still appreciating on unrealized by five % per year, which is a relatively low estimate, i got 50 thousand of unrealized gains, i'd have to be under water by 50 thousand a year just to break even.