Appreciation

Over the past 39 years, the price of the average house has gone up in value 8.75% per year in Calgary.

That means that if you bought a house in 1969 for $18,574 (paying $4,644 and getting a mortgage for the rest) it would be worth $450,000 in 2008.

Although there may be good years and bad years, the undeniable truth is that Real Estate is a stable and predictable investment, that over time always goes up in value above the rate of inflation.
 

Tidbit

Most financial planners are paid based on their sales not the quality of their advice, but we only profit if we can make you money.
“Real Estate is not a get rich quick scheme, it's a get very rich slow scheme”

- David Sandbrand