Quote:
Originally Posted by polak
The band thinks it's a good time to go heavy into commercial real estate in Calgary? I get the whole investing when it's cheap and I'm assuming they won't pay as much tax (if any?) on the commercial real estate but that market seems sooo oversaturated right now....
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Do you think it would be a better time to sink a lot into these projects when the market is booming and everything is more expensive? Or to put it another way, is there more risk to a project like that at this point in the market or when everything is riding high and oil is say $115/barrel?