Category: Property

One of the most important and valuable assets that an individual will ever purchase is their own home. From a tax perspective, one of the biggest advantages of a taxpayer owning their own home is the main residence exemption.

A common investment debate is residential property versus listed equities (shares).

 Over certain periods of time residential property will outperform equities and vice versa but in the long run they are correlated.  We believe they are generally correlated because ultimately residential property values are determined by wealth and income levels and the best proxy for wealth and income levels is the equities market.