Sunday, December 7, 2014
For Rent Beating For Sale
The stock market has changed its tune from being bullish on for-sale housing to being bullish on rental housing. Apartment stocks are up 35% YTD, and single-family rental stocks are up 5%—while the home builders are flat, writes Rick Palacios Jr. at John Burns Real Estate Consulting.
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Looks like it may be time to sell apartment REITs and buy home builders.
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