TSX:REI.UN - Post by User
Comment by
nedstar71on Jul 21, 2023 11:46pm
91 Views
Post# 35552551
RE:Such a scam man
RE:Such a scam manSNAKEYBOY wrote: If you own any house or condo in Ontario especially Toronto, and you bought before 2016, you are likely up minimum 15% and maybe 50%+. So if you bought and rented it out you got 4% in rent and nice capital gains.
Riocan though has retail it has strong SPNOI growth and adding ton of resedential developments, the SP is down like almost 20%.
Thats why real estate investors that buy a few condos/houses are likely fairing much better than us REIT guys
Or in smaller cities such as London, from 2016 most homes are up 200%.