Northview Residential REIT T.NRR.UN

Picking Up Bones

[DanielDarden]

Not sure why sellers are discarding them here but glad to clean up after them. Sometimes opportunities just present themselves until others get the drift. Most apartments here have no rent controls with CMHC financing at preferred rates where incomes are rising yet sellers are obviously afraid of a bogeyman around every corner. Would be buyers are waiting for the dust to settle not realizing that the most profit is made in buying low and waiting for the surge of cash to come out of GICs to move prices higher. All of the bones will be gone then.