Who’s buying them now? Anyone buying them while the rest of the world hates them?
Who’s buying them now? Anyone buying them while the rest of the world hates them?
I will take a crack at this…It seems nobody is buying REITS…I have tried atleast 3x and had to take stops…REITS are illiquid and the selling is horrendous on down days,like double the % the market goes down…The yields are unreal and unobtainable IMHO…Is there value?..Yes I feel there is but you have see these things melt on a down day…They literally melt,as do all closed end funds…My advice is (and I did the same) is to pair in very lightly…I just couldnt watch the destruction anymore…I can name many REITS that I have owned with quality properties…Means zero…Market throws the baby out with the bath water…The argument that there is sufficient value in REITS can be made for the entire market at this point…Closed end funds in general have been slaughtered far worse than the indices…Problem is they are so illiquid they fluctuate too much…Proceed with caution…