TSX:REI.UN - Post by User
Comment by
maplakon Dec 20, 2020 10:56pm
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Post# 32150443
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ranting of short sellers
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ranting of short sellersTrue,but negative internet is not good for real estate prices.Lower mortgage higher price of the house because everything goes into land . If the average house is worth $ 1 million actual price for rebuild is maybe $ 400 000 the rest is bullshit inflated land. Thanks to low interest rate.If mortgages went to 8.5 % like in1993 house prices would go 40% down because majority of people wouldn't afford them.