Survey Investigates Surprising Attitudes on Real Estate Investing
TORONTO, ONTARIO--(Marketwired - July 13, 2016) - Stories of real estate bidding wars and double digit growth may abound in the media, but few average Canadians feel they have the resources to invest in Canada's red hot real estate market according to a recent Google survey conducted for NexusCrowd, a leading Canadian real estate investment platform.
Although 27.5% of Canadians surveyed said real estate was the most attractive potential investment in 2016, few felt they could afford to get into the market, citing concerns such as 'risk' and the 'size of investment required' to participate. In addition, many Canadians were unaware of the existence of real estate investment opportunities such as online platforms or real estate clubs where a group of accredited investors can share the cost of a property.
Key Findings of the Survey:
1) Canadians believe you need to be wealthy (and older) to invest in real estate:
2) More Canadians would consider investing in real estate if it were for a smaller amount:
3) Few Canadians are aware of real estate investment opportunities in general
"Canadian real estate is an attractive and proven investment opportunity with potential for double digit growth in some markets, but most Canadians feel they simply can't afford to get into it," said Hitesh Rathad, CEO of NexusCrowd. "It's important to be aware of opportunities such as crowdfunding, which allow Canadians to participate in professionally vetted real estate investments for as little as $10,000."
About NexusCrowd Inc.
NexusCrowd is the first investment platform in Canada that provides accredited investors with exclusive access to co-invest alongside established real estate developers and investors in real estate deals that have reached at least 50% of the funding target.
NexusCrowd is led by a team with expertise in financial services, technology and institutional finance. It's the only investment platform in Canada registered as an exempt market dealer that uniquely partners with institutions on equity and debt investments. Combined with proprietary investment and fundraising technology, NexusCrowd provides a simple, transparent process for accredited investors, and a frictionless way for partners to raise new capital. For further information, visit www.nexuscrowd.com.