Decline in REIT Prices Is Likely to Continue [View article]
What are you using as a cap rate to get to $20-$27 on IYR?
On Sep 26 12:36 PM Anthony Alfidi wrote:
> Forget about the 50-day MA and look at the cap rate instead. Evaluate > a REIT or ETF like a physical piece of property. Fair value IMHO > for IYR is somewhere between $20-27 depending on how you calculate > the yield.
Decline in REIT Prices Is Likely to Continue [View article]
On Sep 26 12:36 PM Anthony Alfidi wrote:
> Forget about the 50-day MA and look at the cap rate instead. Evaluate
> a REIT or ETF like a physical piece of property. Fair value IMHO
> for IYR is somewhere between $20-27 depending on how you calculate
> the yield.