Mortgage Investment Corporations (MICs) in British Columbia: Are 8-11% Returns Sustainable?
Introduction Investing in real estate has long been a popular wealth-building strategy in British Columbia. However, with increasing property prices and stricter mortgage regulations, traditional real estate investments are becoming harder to access. This has led many investors to explore alternative real estate-backed investment options, such as Mortgage Investment Corporations (MICs). MICs promise steady passive…