Would Warren Buffet invest in London Ontario real estate? I do not know but if he did, he would use the sound principals that he employs every time he invests.
Using his mentor’s ( Benjamin Graham) advice of : “Price is what you pay; value is what you get”, he would do well.
In this classic 2014 letter to shareholders he compares real estate to a mouthy neighbor shouting his estimate of your farm’s value over the fence at you, while you are busy producing food from the land and the sunshine. The mouthy neighbour has all the advice in the world but never produces.
Or my take of this, the complainypant who says real estate is overpriced, underpriced, interest too high, too low, waaaaah, waaaaah, or neighbours, co-workers or a family member giving advice on real estate.
The wise real estate investor looks at the long term picture, can project revenue over the long haul and does not even think about appreciation or speculating.
A mentor of mine asked me many years ago: “If I want shade 20 years from now, when is the best time to plant a tree?”