Minto Apartment Real Estate Investment Trust T.MI.UN

There has been no posting here since Sept 07

[materialsgirl]

mat

[2020oilgamble]

This post has been removed in accordance with Community Policy

[Arbutus22]

Thoughts: MI sp doesn't make sense unless it's assumed that (1) covid is never going away (2) immigration numbers are forever depressed thus impacting rental demand (3) airbnb rentals that have come on market as long term rentals will not be absorbed, again negatively impacting supply/demand. Imo, investors are short sighted (not a surprise) regarding MI and competing apartment reits. MI

[incomedreamer11]

Bought more today $16.3 and will buy more in tranches : $15.55 and                                                                      if it comes below IPO price                

[Arbutus22]

Smart buy incomedreamer. Investors who understand that what is happening today does not represent what Canada or the world will look like a year or two or three years out, will profit. Sure, some folks are moving to suburbs or countryside to ride out the covid wave. And immigration numbers have temporarily dropped thus reducing demand. This will not last. Canada's population will continue

[incomedreamer11]

OTTAWA - Canada will seek to admit 401,000 new permanent residents next year, a target that if met would be a historic number of newcomers. But how realistic that plan is in an era of closed borders, a massive economic downturn and reduced capacity within the federal government to handle applications remains to be seen. Immigration Minister Marco Mendicino unveiled the government's

[materialsgirl]

The immigrat numbers will likely happen but with a 6 month delay due to COVID. 401,000 from July 2021 through June 2022 etc etc The burst in economic activity will be sudden and it  will be huge starting 4 to 6 months after we all are  getting jabbed with the vaccine. Of course, we assume that a vaccine or vaccines  will be approved by January or February mat

[jcjohn36]

Here's hoping the vaccine works :) any worries about rising interest rates with a cure around the corner? best, JC

[materialsgirl]

There is no basis for an interest rate increase until  at least 2023. mat