Quote:
Originally Posted by Fuzz
I dunno if you can just blanket dismiss it. Like, this:
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. |
Well people renting properties (whether that's a REIT like you have here, PE or just citizens with multiple properties) are going to do so for a profit. Literally no one should be renting a property to people and making zero, unless you're talking about public housing. Even then, it should only be "losing" as much as the public housing authority can afford to lose.