Interest rates going higher, page-1798

  1. 12,460 Posts.
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    2:30 people await your fate.

    For those of you who say you can't lose on property especially over 10 years try this little snippet from 1ronnie >

    ..held for 10 years and they could lose -80% on a commercial property!

    ..there seems to be a stark dissonance equites have with these dire news.

    Canadian investor takes a shocking $176M loss on a San Francisco office building

    Canada Pension Plan Investment Board acquired their 45% stake for $219M in 2015

    They just sold their share for $43.5M ~80% 'haircut' in less than 10 yrs


    https://x.com/TripleNetInvest/status/1787655639092908430
    Last edited by nippy: 07/05/24
 
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