VPG 0.00% $1.79 vodafone group plc.

housing slump may be nearing a bottom, page-4

  1. 5,720 Posts.
    lightbulb Created with Sketch. 415
    yes cajx2, but you should know, if the housing starts recovery, then the market will turnaround, then reit sector will soar of course.

    we are not talking about whether the property price can go back to last year's level. As long as the property price stop falling now, it is possible that we can keep the NTA at 51c,or say 35c at least.

    So any sign of stopping is already good enough for us.

    For me, even oil-price is related with VPG's SP, our view is different.
 
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