Gotta disagree here with the author on this one. Now is the best time to get in. Most real estate market price drops have already been factored in on the market. Plus, with healthy dividends and cheap prices, this is a win-win. People also got to live SOMEWHERE, and if they cannot get a home due to poor or no credit, or the bank has tightened on lending, there are only 3 other alternatives, (back to mom's at age 40, a cardboard box, or an apartment). Most will choose the last. I see Apartment REITs going up and capacity to be full within 24 months.
Avoid Apartment REITs Now [View article]
position: WAY long and I am backing the truck up.