RE:RE:Find it Amazing how many expert bears there are now … The last time I bought this was when it was nice and low during Covid.
And I've just started adding again after reading all the reports I am sure they will survive and happy to add now more..
I agree who knows what's going to actually happen, but in Canada, the debt for the average person has really increased. ( and intern their monthly payment has increased dramatically for mortgage or rent )
The older generation or people that have owned property for a long time are basically unaffected but for everybody else people between 20 and 50 ouch. Again, unless you've already owned property for 10 to 20 years then you are fine.
Just talking to the average person. On the street or a renter. You realize how messed up it really is.
( it's a big issue and the political pressures only getting stronger )
I can't see how they won't have to cut ..
my guess is they're gonna try to hold off to the second half of the year but by then the pressure is going to be crazy for them to do so..
But of course, none of us know what will happen actually.
But if you liked it before you should like it when it's on sale, that's all I'm saying.
I am underwater on a lot of Reits... luckily I've always loved the apartment sector so I'm not doing so bad there.
good luck !!