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5 REITs Worth A Look

TedTed
in Fund Discussions
FYI: (Click On Article Title At Top Of Doogle Search)
The real estate industry, which knows a something about the importance of location, soon will be able to boast a prime spot in the investing world: a sector of its own in the major market indexes.

It’s the biggest change to the classification system underpinning the Standard & Poor’s 500 and the MSCI equity benchmarks since the current sectors were established in 1999. The move signals the increasing importance of real estate as an asset class in global equity markets and is expected to lift and broaden the appeal of.
Regards,
Ted
https://www.google.com/#q=5+REITs+Worth+A+Look+WSJ

Comments

  • CrashCrash
    LXP, no?
  • johnNjohnN
    When is the next real estate market crash
  • catch22catch22
    @johnN
    What say you??? Do you have a date in mind? Do you suspect that real estate will crash again leading to other problems; or perhaps other problems will lead to an eventual weakening in real estate.
    Below is a 2014 short write about baby boomer trends. This group likely holds a lot of real estate at this time. What will happen to this real estate when the boomers leave the planet?
    Still location, location, location??? I suspect location is still very important. 'Course, this continues to have a direct link to "work" and "wages", eh? Now, your part of the world has some areas literally "under water". What is this doing for real estate prices today?
    Real estate prices in general may remain static and not "crash" again. A crash presumes a fall from some over elevated level, yes??? How long before the 35% or so, of 18-35 year olds move out of their parents homes to pressure real estate prices?
    Lots of questions.
    What do the doom and gloom web sites predict?

    http://money.usnews.com/money/blogs/on-retirement/2014/07/22/12-baby-boomer-retirement-trends
  • heezsafe
    http://www.salon.com/2016/05/19/it_is_happening_again_david_dayen_on_the_epidemic_of_mortgage_fraud_and_the_rigged_economy_that_sets_it_in_motion/
    Are we safe from it happening again?

    It is happening again. Every day in America people get kicked out of their homes from false documents. The government created a bunch of settlements with the mortgage companies, but central to most people’s conception a settlement is the notion that the settled misconduct stops. It never did. Nobody cleaned up the paper.

    It’s going to take an entire cycle of getting mortgages originated in 2004, 2005, 2006 out of circulation to actually end this. After that, we do have new laws on what kind of mortgages get issued, and the private investors are thoroughly uninterested in buying private mortgage securities from banks. So the skepticism of the investors might save us. But those memories don’t always stay so long.

    Just for fun, any thoughts on Trump Mortgage? You have to admit his timing was perfect … 2007.

    I wrote about Trump Mortgage, actually. So did Lynn Szymoniak. When the first iteration of Trump Mortgage imploded, Trump licensed the name to a company called First Meridian, who originated loans that got sold up the chain to big banks, and then went through this exact same cycle of dodgy origination and securitization and foreclosure fraud. First Meridian got really mad at me for pointing this out. I guess the apples don’t fall far from the tree.

    And of course Trump’s finance chair is Steven Mnuchin, one of the worst foreclosure operators of this entire period back when he was CEO of OneWest Bank. Activists sat on his lawn and threatened to move into his house unless he stopped a particularly egregious eviction. Mnuchin called in twenty police officers and a helicopter. So you know, Trump got the right guy for the job.
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