I will admit it - I don`t have much of a political mind, however my thinking was that a win by the Conservatives would be good from a RE investing point of view for no other reason than a change in government would lead to more uncertainty and instability for awhile. Now I read in the Calgary Herald that many oil patch companies are very concerned with the landslide win by the Conservatives. After reading that, I admit I don`t know what would have been the most favorable outcome for RE investors in Alberta. Just wondering what others are thinking about the outcome and how it affects RE investing.
Alberta Election results
- Thread starter TomB
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QUOTE (TomB @ Mar 5 2008, 07:02 AM) I will admit it - I don`t have much of a political mind, however my thinking was that a win by the Conservatives would be good from a RE investing point of view for no other reason than a change in government would lead to more uncertainty and instability for awhile. Now I read in the Calgary Herald that many oil patch companies are very concerned with the landslide win by the Conservatives. After reading that, I admit I don`t know what would have been the most favorable outcome for RE investors in Alberta. Just wondering what others are thinking about the outcome and how it affects RE investing.
It`ll be good news. They`re interested in stable growth, not quite as break-neck as before. Both the RTA changes and the Royalty Review were policies to that end.
Do you have a link to the article in the Herald?
It`ll be good news. They`re interested in stable growth, not quite as break-neck as before. Both the RTA changes and the Royalty Review were policies to that end.
Do you have a link to the article in the Herald?
I just listened to the Feb. Rein meeting CD`s where Don said to be "smart with your vote, please". He didn`t elaborate, but I am guessing a Conservative win is a good thing. I`m surprised there weren`t more posts to your question, but IMO the election results turned out well for investors.
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The one thing I constantly hear from my accountant is to never vote NDP. The reason being that their economic policies have been proven to be in effective. Rent controls are one excellent example.
I had thought of posting some articles regarding the election but felt it best if Don covered this at the meetings.
I had thought of posting some articles regarding the election but felt it best if Don covered this at the meetings.
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Hi,
Anything that brings stability or predictability to a market helps provide confidence and therefore should prove to be a strong motivator for the economy.
Anything that brings stability or predictability to a market helps provide confidence and therefore should prove to be a strong motivator for the economy.