Ok, over the top headline, but something caught my eye on twitter this past week. Erwin from Hamilton tweeted a question I’m hearing more and more often.
I love buildings that I can keep forever, or almost forever. My family owns a couple that Grandpa bought 40 years ago. In the context of a 40 year investment, 10 year mortgages are great. Considering the long term average interest rate is 8.8%, I think that 3.85% is brilliant. Don Campbell seems to agree with me, if it’s the right type of asset and fits your goals and vision/strategy.