Quote:
Originally Posted by Winsor_Pilates
It's not happening.
The housing crisis has enough actual issues that making up boogie mans isn't necessary.
You get people posting that, a bunch of people thanking it thinking it's accurate; and no wonder politicians enact empty strategies just to win votes. People are so easily fooled into believing what they want to believe.
|
I dunno if you can just blanket dismiss it. Like, this:
Quote:
|
Over 25 years, Canadian Apartment Properties REIT has grown from owning 2,900 apartment suites in Ontario to owning approximately 64,300 suites, townhomes and manufactured home community sites internationally as at December 31, 2023. We have expanded and diversified across Canada’s strongest urban growth markets, as well as into Europe, where we have been operating for over a decade. Our investment property portfolio has grown to approximately $16.5 billion as at December 31, 2023.
|
https://www.capreit.ca/
Now, they wouldn't be investing and paying out dividends to shareholders if there wasn't money to be made, and if they are making money, it's on the backs of renters, increasing their housing costs. You can argue the scale of it, but to dismiss it as not influencing housing prices is does not seem to logically follow. I'm prepared to be shown why I'm incorrect here, if you have a reasonable explanation.