ISHARES SP TSX CAPPED REIT INDEX ETF

TSX

XRE

malvinspooner

The ETF holds Real Estate Investment Trusts. These leveraged vehicles will soon be strapped for cash as tenants refuse (or cannot) to pay rents, but mortgage holders and bank lenders will continue to demand payment. It is increasingly likely that some distributions will have to be cut which will make prices of the trading units suffer.

truthreveller

#Canadian real estate is finished. The top is in for Canadian real estate as it has tested the top of 2007 multiple times and now is in a decline. #Canada #debt