No in the title to this post I am not complaining about my lack of height. I am simply discussing the housing market 😉
The Worthwhile Canadian Initiative gives an interesting point on housing: We are all born with a short position on housing.
This has an interesting implication. Since short positions involve risk and since long positions involve risk (as rental costs/incomes are volatile), the low risk position is to own one house.
As a result, we would expect the rate of return on housing to be LOWER than other asset classes. An interesting point to keep in mind!