RE:RE:Looks like gonna stay at 60'snot sure if I entirely agree as there can typically be better appreciation in up and coming cities rather then already heavily inflated ones, imagine the crime in Toronto or London in 20 years, I think its great they buy in growth areas, I don't really see what "big impact" the folks collecting the rent check can make in Toronto or any city, wayne gretzky " you want to go where the puck is going, not where its already been" ............
EnPassant1 wrote: I see the one big problem is these guys seem scared to go into a big city to make an impact. A property or two in Toronto/London or any of the big spots in Ontario is better than 10 little properties in Timmins, North Bay etc. It's pretty frustrating to watch. Revenue and everything will probably be up this year and the payout ratio is reasonable, but I don't think any of that matters until they hit a big property or two in a large city. Until then we will be stuck in the 60-70 cent range. IMO, we need something big to happen to see this really pop.