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

TORONTO JAY JUST DOESNT GET IT

[garyreins]

Yes rate cuts particularly large ones are NOT a good sign for the economy.  But they are the medicine the doctor ordered for REITS.  Real estate buyers dont care that the GDP/unemployment is bad for a few quarters, or a year, they are 5-10 years when the financing and cash flow is right.  Notwithstanding a HARD LANDING.  Hard being the key word.

[Torontojay]

Large rate cuts of 50 bps or more and quickly is indicative of a hard landing. Unemployment is rising substantially in Canada and likely to surpass 8% in the near future.  Here is a math question for you Gary. You said it was your birthday right? Ok here it goes.  Prove that in a crowd of 500 people that there must exist 2 people in the crowd with the same birthday?   

[garyreins]

Don't know.  What's the square root of -9?

[Torontojay]

You can't take the square root of a negative number. If you extend real numbers to complex numbers then the answer is 3i.

[DZtrader]

Sounds like an " imaginary unit" to me.