16 June 2009
Why REITs may be right
Posted by John under: News .
The notion that real estate could be a safe haven may seem like investing lunacy right now. After all, the words "real estate" conjure nightmares of the nation's decimated housing industry and the downward spiral of commercial real estate. And yet, as often happens, the wreckage of the sector is creating opportunities: a group of dependable real estate investment trusts (REITs) whose prices have been pummeled so badly that their yields are nearing double digits.