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As the U.S. housing market continues to rebound, it might be a good time for clients to invest.
One way to invest is buying rental property. But there’s an alternative way to add U.S. real estate to a client’s portfolio. How? By investing in companies that are tied to housing demand, such as homebuilders and manufacturers, reports Canadian Business.
In fact, these companies have seen earnings growth of about 10% a year, says Bob Sewell, president and CEO of Bellwether Investment Management.
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Canadians could gain from a growing U.S. economy