Do Canadians have too much money tied up in residential real estate? Is this a dangerous thing? Garth Turner thinks so-and in this practical and authoritative book, he will tell you why. Many thousands of Canadians put all their disposable income into their houses: paying off the mortgage, making minor repairs and improvements, taking care of property taxes, and so on. So much of their money is tied up in their homes, in fact, that they don't have anything left over to contribute to their RRSPs and mutual funds. Their homes consume every last penny. But those who are counting on their house to appreciate in value, and who thing they can eventually sell off and use the capital as their retirement income, may be in for a rude surprise. People who divert retirement savings to put it against mortgages may end up in twenty years with houses worth vastly less than the amount invested in them, and with far too little saved to live on. The 1980s real estate boom is over, says best-selling author Garth Turner. If you're putting all your money into residential real estate, you might be making the biggest mistake of your investing career. But don't despair. In The Garth Turner Strategy he outlines an approach for residential real estate for the next millennium. He offers advice on holding your own mortgage, diversifying your assets through a home-equity loan, liberating your real estate, and turning your house into a retirement fund. - from Amzon