The House of Pain Economy & Stock Discussion Board

[realest]

I would be wary of REITS at the moment. We have a weakening economy that is threatening to come unwound. A whole lot of renters sounds like a dream come true to a REIT, until you take into account they are likely coming from floods of foreclosures mixed with the mainstream renters that are suffering from lack of work. Mix that together with what i see to be a forced depression on apartment pricing in order to turn money........ not a good mix for a REIT.