- Russia-Ukraine war causing energy costs to go up
- China’s Covid-zero policy continuing to cause global supply chains disruptions
Yes, we know that it is a common but undesirable phenomenon to “buy high” and “sell low”.
And yet, we still see it happening all the time.
When my first blog post on Syfe REIT+ came out, I was surprised that it garnered quite a number of page views, and it felt like many people were hopping onto the bandwagon for the next hottest thing in town.
Back to the depths of the Covid pandemic
Understandably, as prices went down, so did the interest in Syfe REIT+.
This begs the question that most of us know at the back of our mind – if Singapore REITs were an attractive asset class when prices were higher, wouldn’t them be more attractive as prices tanked?
Oh yes, that’s because the macro situation has changed compared to two years ago.