One
single real estate loss would have wiped out more than the equivalent of my whole share portfolio.
Not exact matches
While
real estate might be a product of local markets, probably the
single biggest reason for the potential nation - wide
real estate slowdown in 2017 are macroprudential measures introduced in late 2015 and throughout 2016 (and possibly stretching into this year, should banks be required to cover a portion of mortgage default
losses).
An Arizona based
Real Estate Investment Trust (REIT), and a New York based
single - family REIT, both reported
losses in the quarter ending March 31, 2013.
A special compensation fund exists under RESA to protect the public against the
loss of trust money; however, the
Real Estate Services Regulation limits the maximum amount that may be paid to a
single claimant to $ 100,000, and the maximum total amount that may be paid in respect of claims against a
single brokerage to $ 500,000.