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>always been about power and ego. No, it's about CRE investments. Pre-'rona, CRE was viewed as an extremely stable asset class. There are lots of interests (inc
by boppo1 3y ago
>always been about power and ego.
No, it's about CRE investments. Pre-'rona, CRE was viewed as an extremely stable asset class. There are lots of interests (including a lot of 401Ks I bet) that don't wanna see the asset class fail.
- vp8989 3y agoCan you elaborate? To my knowledge, 401k target date funds sometimes have small allocations to REITs (like 3-5%) or REIT indices that might be comprised of a mix of commercial and residential. Maybe there is some exposure to CRE mortgage backed securities through the bond indices?