2024-07-16 08:22:55 ET
Summary
- Canadian housing sector faces an affordability crisis due to demographic, regulatory, and economic conditions.
- Population growth outpaces housing supply, leading to rising rents and low vacancy rates.
- CAPREIT represents a sound investment opportunity with growth potential, a conservative debt profile, and a strategic capital recycling strategy.
- Currently, CAPREIT is trading at a roughly 15-20% discount to its diluted NAV per share.
The opportunity
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For further details see:
Canadian Apartment Properties: A Story Of Three Tailwinds