An adage among real estate investors basically says that you cannot build any more land. While you can always build higher, you still need the land. One of the best assets that most investors are underweighted on is real estate.
Many investors are concerned that real estate investment trusts (REITs) will get hit hard in a rising interest rate environment, which has begun in earnest as the Federal Reserve raised the federal funds rate by 50 basis points, and similar or even bigger hikes are expected in June and July, as well as the rest of the year.
The reality is REITs have performed well. In a recent publication, the National Association of Real Estate Investment Trusts had this to say:
The post 7 Top Wall Street REIT Analyst Has 7 ‘Strong Buy’ Inflation-Fighting Stock Picks With Big Dividends originally appeared at 24/7 Wall St.