Artis Real Estate Investment Pref Shs Series E T.AX.P.E

Alternate Symbol(s): T.AX.P.I | T.AX.UN | ARESF

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > Great Video Scrooge

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Comment by Torontojayon Feb 18, 2024 4:29pm

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Post# 35886905

RE:RE:RE:RE:Great Video Scrooge

"Nope..... inflation is driven by too much money chasing limited resources. Bezos only wears one pair of pants and only eats one meal at a time. The super rich have very little effect on inflation."

If we're talking about stock inflation, then the very wealthy drive up stock prices which further increases the "wealth effect" which causes more inflation. If you feel wealthy, then it's human nature to spend more.

To quote Jim Bianco: "the rich own all the assets and the poor own all the debt."

The very wealthy drive asset prices higher and the poor people are left with the bill.

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