TSX:REI.UN - Post by User
Comment by
Saphoon Jul 25, 2020 6:29pm
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Post# 31319538
RE:So excited
RE:So excited CANCDN wrote: I cannot wait for the next 3-4 years. I think this will move to the 50 dollar range. The cash flows from these enormous condo and rental condos are going to be enormous.
no more rent control, these high end condos will continuously move with market demand. Toronto is short 50-70 thousand rental units.
Check the trading range of REI over the past 20 years. As long as Div is safe. You might see the SP to be 22 or 23 if economy does not go into depression.