TSX:REI.UN - Post by User
Post by
canadianon May 30, 2023 9:51pm
246 Views
Post# 35471483
Dumb Investors
Dumb InvestorsAll GTA home prices have appreciated atleast 50% since pre-covid. Assuming same for Riocan (some other reits), the NAV for riocan was 26$+ pre-covid. Now it should around 40$. It would be even lot higher if we remove the depreciation for tax purposes. Dumb investors are buying homes rather than this one.