Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (37721)	9/2/2003 11:48:41 AM
From: energyplay	Read Replies (1) \| Respond to of 74559

Many new threats to Office REITs -- 1) Sending white collar work offshore. 2) The practice of 'hotelling' office workers who spend much of their time in the field 3) The spread of Wi-Fi, making it possible for people to work almost anywhere...like a coffee shop. You could meet your insurance agent in a coffee shop, and avoid paying rent ...wait - didn't this already happen ? Lloyd's of London started in a coffee shop.

To: Seeker of Truth who wrote (37721)	9/2/2003 1:20:13 PM
From: Cogito Ergo Sum	Respond to of 74559

Hi Malcolm, I have the conviction that shopping centres have the right mix of safety with growth Yes I agree there. I'm more leery of residential actually especially with TO exposure. From what I see the condo market is the area that has seen appreciable speculation this RE boom ( unlike housing in general) and that may / is having an effect on rental prices and supply. Housing itself continues to draw more marginal buyers into the market, my homebuilder client is doing gangbusters but prices are appearing stable and not too bubblisious, rates look to come down (New equilibrium Jay for the USD / Loonie .. for now ;o). I still think they are all too high the REITS for now but I think that of energy trusts too with yields in the 13,14 and 15 % range at these energy prices what is out of whack ?. It's different this time.... LOL well at least for a little while... regards Kastel