Thoughts on REITS, Financials and the U.S. Dollar [View article]
jasonjim,
I am sorry, you lost me..... how? There are excess homes built.....sold to people on liar loans. Most of the liar loaners will never qualify for a mortgage again, because they didn't even qualify the first time.
I see new and empty strip malls and newer office buildings converted to warehouse space. And yet I am in Dallas Texas..... a city least hit to date, by the downturn.
We have a 70% consumption economy that is out of money and overbuilt as far as the eye can see????
A lowering tide....... lowers ALL boats!
On Aug 23 01:18 PM jasonjim wrote:
> Good quality REITs will follow the financials upwards IMO. Many of > them are seriously undervalued, which gives an opportunity not only > for their great dividends but also for serious capital gains over > the intermediate term.
Thoughts on REITS, Financials and the U.S. Dollar [View article]
I am sorry, you lost me..... how? There are excess homes built.....sold to people on liar loans. Most of the liar loaners will never qualify for a mortgage again, because they didn't even qualify the first time.
I see new and empty strip malls and newer office buildings converted to warehouse space. And yet I am in Dallas Texas..... a city least hit to date, by the downturn.
We have a 70% consumption economy that is out of money and overbuilt as far as the eye can see????
A lowering tide....... lowers ALL boats!
On Aug 23 01:18 PM jasonjim wrote:
> Good quality REITs will follow the financials upwards IMO. Many of
> them are seriously undervalued, which gives an opportunity not only
> for their great dividends but also for serious capital gains over
> the intermediate term.