The Canadian Real Estate Bubble?
Submitted by Reggie Middleton on 07/27/2012
RIO Canada is one of the biggest reit’s in Canada I know some of there management and from what I can see they are buying property’s left right and center that are in bad locations and are doomed to negative cap rates and are destine to fail. I think they would be a great REIT company here in Canada to analyze as a short candidate. As you may know the residential and commercial property bubble here in Canada has hit levels never seen in America or any where else in the world. The potential for gain in shorting these company’s with the most exposure to down turn risk would be greater then any where else as they are so over valued and carry a much greater risk then company’s….”