The Bank of Canada recently conducted a survey of Canadians and found positive sentiment. Generally, consumers are on board with a higher degree of spending and see inflationary pressure as a temporary occurrence. The survey goes on to explain how workers have re-evaluated their work situation among other factors. This is all important information to real estate valuation. Whenever we make projections in commercial real estate we appraise the value of future expectations. The important distinction however is that whether those expectations come true are irrelevant because investors make a decision "today" on what they think will occur "tomorrow" without having the benefit of hindsight. #recg #commercialrealestate #commercialvaluations #future #canada #work #realestate #bankofcanada #monetarypolicy #fiscalpolicy
- Demitry Omrin