Totally baffling. Who would have thought that now is the time to buy residential REITs, when valuations are at a historical high and the amount of available housing stock for rent is rising?
Housing Bubble and Real Estate Market Tracker [View article]
Totally agree with David Merkel's point about REIT valuations. But there's so much momentum in this market that the private equity guys who bought EQO now look smart.
Premature Return of Equity REITs? [View article]
Housing Bubble and Real Estate Market Tracker [View article]