It's been interesting reading the estimates on the total number of REIN Members through the history of the organization - I can't provide an exact number, but I can confirm that Thomas' estimate is quite accurate.
Also, there are two things to keep in mind about the $3.4 Billion figure:
So, when you re-do the math using these numbers, it's a pretty good indication of the action that REIN Members do take. That's why Don and the team here like to tell the story, Nir.
Also, there are two things to keep in mind about the $3.4 Billion figure:
- represents purchase price, not current market value
represents only those properties that are reported to REIN office (my guess would be that there is at least an additional $ billion in unreported purchases by REIN Members who forget/neglect to fax in their forms)
So, when you re-do the math using these numbers, it's a pretty good indication of the action that REIN Members do take. That's why Don and the team here like to tell the story, Nir.