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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (467)8/23/2005 2:47:30 PM
From: maxncompany  Read Replies (1) | Respond to of 50653
 
Short REITS that are getting into condo conversion (apartments into condos) big time. Not REITS that have thus far done so successfully and are now wisely pulling back on that strategy, but instead those REITS that are ramping up that strategy. They could see condo sales and prices fall, and be stuck with a declining rental market. Don't know this for sure, just my best guess.