3 ms·
What would be great are hyper-specific REITs. e.g. I want to “own land” in Seattle so I’m never priced out, but averaged across the city so there is no single
by yazaddaruvala 5y ago
What would be great are hyper-specific REITs.
e.g. I want to “own land” in Seattle so I’m never priced out, but averaged across the city so there is no single point of risk. With the added benefit that I can add capital in small increments.
If such a REIT were structured as a COOP that would be even even better from my perspective.
- shados 5y agoYeah. At the same time, I have a condo in a super hot area of a tech hub, and it still didn't really appreciate any faster than the market (you'd think it did with those crazy leaps, but the market has been pretty crazy for the last couple of years too). If it wasn't for the leverage, no tax capital gain and rent saving and fringe benefits of owning a home, it wouldn't be that great an investment, so REIT don't really compare.