"LRTs displace all the poor people"?

[numberguy]

Exactly. Sure, you have the asset, but in that example you're burning cash each month (or biweekly) for that ownership privilege. Instead of being cashflow negative each month, you can invest that cash stream into an income earning alternative, say a tax sheltered (TFSA or RRSP) ETF or REIT or what have you.

The opportunity cost of that lost cash flow, over 20-25 years, can be quite substantial.