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Investing in REITs: Real Estate Investment Trusts, 4th Edition
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Investing in REITs: Real Estate Investment Trusts, 4th Edition

by Ralph L. Block
October 2011
Beginner
448 pages
11h 7m
English
Bloomberg Press
Content preview from Investing in REITs: Real Estate Investment Trusts, 4th Edition

CHAPTER 13

Tea Leaves: Some Thoughts about the Future

“Forecasts usually tell us more of the forecaster than of the forecast.”

—Warren Buffett

Investors' relationships with REIT stocks are like some love affairs—they can change very quickly from hot to cold and back again. REITs were greatly admired by investors from 1993 through 1997, and then hated from 1998 until 2000. Investors rediscovered them in 2000, when value and income investing became fashionable, and drove REIT prices to very lofty levels in 2006 and 2007. But real estate became a dirty word for the next few years, and it was debatable whether I'd ever be asked to write another edition of this book. But reports of the death of REITs seem always to be greatly exaggerated, and they ...

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Publisher Resources

ISBN: 9781118004456Purchase book