GREY:CMLEF - Post by User
Post by
Johnnysbackon May 04, 2017 3:16pm
136 Views
Post# 26204751
Its pretty obvious
Its pretty obviousIts not CUF... Its the markets in general... want to find blame?? look at HCG, start with them, they have basically single handedly triggered fears in the entire real estate industry, now everyone is looking at the canadian real estate industry as a whole and saying "is the bubble bursting?" REITS get lumped in with all this because they owe money on properties they rent, and own real estate that "may be" suddenly decreasing in value... is the NAV dropping??? If so then the share must drop also... so sell sell sell... or you can look at it as though the real estate markets are fine, and not over priced, and the economy is doing reasonably well and not much has changed to induce this "fear" or "panic"..... Buy more I say and in 2 or 3 months all this will be water under the bridge becuase it will be realized that home capital fkd themselves only and not single handidly the entire industry... they are far far to small to be a barometer for the entire canadian marketplace and their illegal activities will come out and everyone else will be fine...