Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): ARESF | T.AX.UN | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > HIGHER FOR LONGER DIDNT WORK IN SEPTMEBER

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Comment by Torontojayon May 01, 2024 12:40pm

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Post# 36017635

RE:RE:RE:RE:RE:RE:HIGHER FOR LONGER DIDNT WORK IN SEPTMEBER

garyreins wrote: Irrelevant to old times. No one is buying a 1 m Canada property with 5% rates. Also look at countries debt to gdp

I agree with you that its irrelevant.

The best way to think about mortgage rates is to compare it with your disposable income. The interest rates don't matter in a sense that a home with a 5.5% mortgage rate may be less affordable than a home from the 80's with a double digit mortgage rate.

How much do mortgage payments today eat up my disposable income? This is the correct way to think about it not the interest rate today compared to the past.

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