Post by
malx1 on Jul 12, 2024 8:05pm
MSM now reporting Vancouver RE downturn
Ooooooops
[url=https://https://vancouversun.com/opinion/columnists/vancouvers-high-end-condos-hit-by-chinas-downturn]https://vancouversun.com/opinion/columnists/vancouvers-high-end-condos-hit-by-chinas-downturn[/url]
"Vancouver’s high-end condos hit by China’s downturn."
No wonder nobody wants to buy WFC at $20.
May be heading to $15, NAV likely $28-32 range.
Way lower than inflated figure stated.
Even the BoD can't figure out how fast Vancouver RE values falling.