1Sem.
A while back, I set up a price alert for Vonovia through Deffner & Zschäpitz, and yesterday I took the plunge and made my first small investment.
I don’t think anyone needs to worry about expropriation, because the idea that Vonovia would have to surrender its apartments without compensation in a country governed by the rule of law—even in the worst-case scenario—is something only Left Party voters would dream of.
I don’t think anyone needs to worry about expropriation, because the idea that Vonovia would have to surrender its apartments without compensation in a country governed by the rule of law—even in the worst-case scenario—is something only Left Party voters would dream of.
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1Sem.
@Droid I agree
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@Droid Me too—I went ahead and bought some, but I’ve since sold them at roughly break-even and shifted my investment into an ETF. Ultimately, the reason was that VONOVIA wants to switch to an asset-light model, which I’m rather skeptical of, especially for a traditional real estate company.
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