doesn't matter. if you believe their will be a deflation of real estate period, hence a set of declining flows on the commerical side, at some point, with cash on hand, you will pick up great values with considerably less risk... given you believe that has not yet happened.
residential, apart from apartments, shouldn't interest you except to say, if home owners can't make their payments, apartment dwellers certainly will not be able to pay their rent.
and if the two above cannot, it means, they've been fired or can't find a job, hence, office space to house them will not be in great demand..
if the three above are true, on the retail side, empty store fronts where the three no longer go.. well...
oh oh, domino.
and in some sectors, if owned by non-resident owners who wish to exit their us investments
oh oh, declining O.
a reit is an investment in the last man standing IMO.
unless you can sort out some kind of prime, brilliant reit from the trough were pigs have eaten before.
OTOH.... I know absolutely nothing about real estate. but your question was for anyone. <g>
I often wonder what edwarda would have made of all of this.
some of our last messages were about the bear of bears.
she still wouldn't have a job, but she would have been there for this.
her's is the one major thing i have yet to understand.
J |
