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Carlos Felicio's avatar

Hi David, thanks for posting these very insightful chapters. This chapter expands a bit on the real estate bubbles. Can you expand a little bit on the rationale behind having "Canadian REITs" on the LIKE category? My impression is that these are highly correlated to the Canadian real estate market, which, in comparison to the US real estate market, seems to be on a bubble of gargantuan scale.

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Carlos Felicio's avatar

Hi David, thanks for posting these very insightful chapters. This chapter expands a bit on the real estate bubbles. Can you expand a little bit on the rationale behind having "Canadian REITs" on the LIKE category? My impression is that these are highly correlated to the Canadian real estate market, which, in comparison to the US real estate market, seems to be on a bubble of gargantuan scale.

Expand full comment