Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s):  HRUFF

H&R Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, operates and develops residential and commercial properties across Canada and in the United States. The Company operates through the four segments: Residential, Industrial, Office and Retail. The Residential segment consists of approximately 24 residential properties in select markets in the United States and its portfolio comprises 8,166 residential rental units. The Industrial segment consists of 66 industrial properties in Canada and two properties in the United States comprising 8.7 million square feet. The Office segment consists of 17 properties in Canada and three properties in select markets in the United States, aggregating 5.5 million square feet. The Retail segment consists of 34 properties in Canada, which are single tenant properties as well as two single tenant retail properties and one multi-tenant retail property in the United States.


TSX:HR.UN - Post by User

Comment by Capharnaumon Mar 15, 2024 12:52am
80 Views
Post# 35934227

RE:RE:How is inflation "going back up"

RE:RE:How is inflation "going back up"
spacegimp wrote: One of the FED's mandates is to maintain price stability, and we all know how residential real estate has gone parabolic. What if they don't really intend to drop rates for the next few years in order to crush these residential valuations to increase affordablity to younger generations ?  Average wage to home prices is still at historic ratios . 


It may be a bit counter-intuitive, but unless there's a sufficient oversupply of housing, increased interest rates have the effect of increasing lease-cost of housing (and so, increase inflation when considering housing costs). New build costs are still above current home prices, so it's unlikely that an oversupply of housing happens anytime soon to put pressure on housing prices.

In all likeliness, keeping rates high will send the economy into recession before it affects global housing prices. Some local housing price pressure may happen in cities where prices have rocketed like Vancouver or Toronto, but is unlikely to happen as a market wide event.

The real problem underlying housing costs isn't the low interest era, but rather the steep increases in building costs, combined with increased/quicker new housing needs compared to the past.
<< Previous
Bullboard Posts
Next >>