I don't think REITs will do well but CNBC thinks differently
I don't either, people are chasing the large dividends and will probably get recked when that market crashes.
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I don't think REITs will do well but CNBC thinks differently
I don't either, people are chasing the large dividends and will probably get recked when that market crashes.
Posted Using LeoFinance Beta
I cant see how anyone can think, in the medium to long term, that real estate will do well, especially at the levels we are at now. Commercial is going to be obliterated for decades in my opinion.
With people starting to spread out due to the ability of working from anywhere, the insanely priced areas are going to keep losing people. The tech companies moving out of California for Texas are a prime example. There are also the financial companies moving out of the Norhteast for South Florida.
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Yea it's true that REITs give huge dividends. Since they use people's borrowed money to buy up land and then renovate them, they give like 90% of of the profits out I think.
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