Ryman woes drag down other retirement stocks

Jarden analyst Arie Dekker said aged care stocks are suffering "contagion". (Image: Jarden)

Wed, 14 Dec 2022

Jarden analyst Arie Dekker calls it a “contagion”; it seems the entire listed retirement village sector is being dragged lower by investors’ preoccupation with Ryman Healthcare’s relatively high debt levels.Investors are also fretting about the sector because of its link to the housing market where prices have declined 12.4% by the end of October from the November 2021 peak.That’s even though none of the villages have reported any price pressure to date – they had generally not kept pace with the surge in hou...

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