TSX:MRG.DB.B - Post by User
Post by
HermannHalleron Mar 28, 2022 10:03am
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Post# 34551588
New government intervention?
New government intervention?Article from last week on BNN suggests that some of the weakness in residential REITs is due to fears about new goverment measures. I don't understand this. Can someone explain to me how an owner of residential apartment buildings (many already under rent control) could be responsible for driving up home prices?
https://www.bnnbloomberg.ca/residential-reits-in-canada-lag-as-trudeau-weighs-investor-curbs-1.1742571
Ultimately, even if Cdn govt tried something, MRG has half of its assets in US, so should be partially protected.