Post by
garyreins on Nov 13, 2024 8:50pm
This is where Im coming from.
We had restrictive rates by magnitude 2x in CAD and US for a full year and high rates in general for 2+ years, and we are not out of the woods with rates or inflation expectations.
they are still advertising this CPI as some mythical phenomena which literally no one would know what the # or % would be if not being shoved down our throats every other month. Almost pretending like "inflation" wasnt there from 2010-2020 even though gym memberships, rents, housing at your MCDS value menu prices etc went up by a lot here as well.
Control the narrative and get rates back to "neutral" t
doesnt help that markets are in a bull run for 2 years and bonds are in a bear market
come man, some government needs to recognize the implications for soverign debt and get rates down
this has become a historic joke and its really getting under my skin here
doesnt inflation translation to high SPNOI growth, rent growth, high replacement costs in buildings and therefore make real estate more valuable, at least offsetting some interest rate pressure?
cmon man, this is freakin ridiculous
imagine in 2025 seeing reits underperforming 20% again...
it could happen