Originally Posted by
bottomfeeder
Reminds me of a book I read once, "I've been down so long, it looks like up to me"
But I have confidence that when construction inflation is taken into account, and valuations are carried out as at 31 March, the NAV will be at least $1.50.
I'm in there for the long haul. The government and the DHB's cannot let the sector fail, as there are very few alternatives for the tsunami of the elderly coming soon to utilise the services and property that retirement villages provide.
The world economies are in disarray. Retirement is the only sector we can count on.