TSX:AX.PR.E - Post by User
Post by
garyreinson Oct 18, 2024 12:22pm
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Post# 36271833
I DONT GET IT MAN
I DONT GET IT MANAs I said a billion times XRE has undeperformed VNQ by -15% almost in 18 months....Trudua scrapped GST on new builds, saving reits money for developments, canada supposedly has a housing shortage, everything can become condos for nice $$$
yet this is where we're at with reit prices...scraping the bottom of the barrel.
Riocan should be $25 not $19. I just dont get this artificial depreciation of high quality canadian real estate and no one has been able to chime in with reasonable theories.