TSX:REI.UN - Post by User
Comment by
BlueGuitar1on Dec 26, 2020 8:17pm
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Post# 32184422
RE:RE:RE:RE:We will be closed until at least June 2021-
RE:RE:RE:RE:We will be closed until at least June 2021- gashole wrote: And those four million immigrants will want to shop at the mall show all the talj about retail being dead in my opinion is BS.... next 6 months will tell the tale whether people on this board are just full of it or whether they actually had some knowledge... I for one believe retail REITs will do just fine
maplenorth wrote: Do you have any idea how supply and demand works? Assuming your theory is true prices will go down to a point where people can afford them. However that is ridiculous - have you seen where interest rates are? You don't need to have "big bucks" to buy a home. Banks will lend money to anyone. 4 million immigrants are coming to Canada in the next ten years. Real estate remains a great investment.
Retail is dying. Haven't you looked around at all the vacancies? Industrial Reits is where we should be looking.