TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Mar 23, 2024 12:08pm
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Post# 35948766
When Media/Carena goes on and on and on about
When Media/Carena goes on and on and on about buildings being worthless.... Either they are trying to mislead you or just a sheep.
The buildings are not worthless, the contracts are, and that's due to rapid inflation and rapid increase in interest rates...........which can change at any moment.
Inflation has gone through the roof. You know very well the buildings are worth more. It's the CONTRACTS that are made worthless due to the manipulation of the Central Banks on interest rates and inflation.
Contracts can be renegotiatied, terminated, or expire.
Carena... come on, post another doom and gloom post about buildings being worthless, about how BPY might be worth $1..
Yes, Contracts are tied to the buildings.... But saying that the buildings are worthless is misleading. A more accurate statement would be the Contracts tied to the buildings are worthless AT THE MOMENT.
All just my opinion/view/thinking