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Wall Financial Corp T.WFC

Alternate Symbol(s):  WFICF

Wall Financial Corporation is a Canada-based real estate investment and development company. The Company is focused on development and management of residential and commercial rental units, development and construction of residential housing units for sale and development and management of hotel properties. Its segments include ownership and management of revenue-producing residential and commercial properties (Rental), ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development). Its properties include The Beginnings at Peter Wall Mansion, Granville Skytrain Station, 1050 Burrard at Wall Centre, Wall Centre Richmond, Wall Centre Vancouver, Crofton Lands, The Trails Phase 2, Wall Centre Burnaby, 1105 Seymour, Hornby & Drake, Hastings & Gore, Ivy on the Park, Strathcona Village, York Theatre, Wall Centre False Creek, The Capitol Residences & Music School, Yaletown Park, Electric Avenue, and Metropolitan Towers.


TSX:WFC - Post by User

Post by malx1on Jul 17, 2024 1:26pm
139 Views
Post# 36136935

Imagine taking a LOSS on Vancouver Condo bought back in 2016

Imagine taking a LOSS on Vancouver Condo bought back in 2016Why imagine when it is very much REALITY?!!

Only dopey idiots believe Vancouver RE is $afe & Effective "Investment".

Speculators starting to have their buttocks handed to them, along with a big kick in their Jimmy Choo-Choo purse.

User image

Carried this shoe box for 8 years, took $70k LOSS plus friction costs.


"Sound" investment?

Or

"DUMB" Speculation.


The numbers will decide the answer.

Plenty of dopes haven't figured out that Tiff popped the RE bubble back in 2022.

OOOOOOOOPS!!



Some say the landlord here was a GENIUS................

But the numbers suggest the landlord suffered genomic defects, namely ignorance of economics and a triple dose of blind-greed.

Looks like the money launderers are starting to jump ship.

CUTE

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