Canadian Apartment Properties Real Estate Investment Trust T.CAR.UN

RE:Christine Poole -BNN- PAST TOP PICK

[DanielDarden]

Of course it is difficult to know what one is thinking. However, in this case it is likely that she is referring to the fact that some provinces have rent controls which prevent landlords from raising rents excessively on renewals. New tenants can be charged in excess of the rent control amount at whatever rate they agree to. She, IMO, is saying that more existing tenants will renew rather than move out and pay the going rate which may be much higher. Hope that helps.