REITs are Overpriced Again
Judging by the yield premium over 10 year Treasuries (which is now negative), REITs are overpriced and should be sold.
Judging by the yield premium over 10 year Treasuries (which is now negative), REITs are overpriced and should be sold.
Posted by
CP
at
2:57 PM
1 comment:
In commercial real estate, for example, banks—at the request of US authorities—are engaging in a policy of “pretend and extend” and offering loans to borrowers whose debt they would never roll over under ordinary circumstances. That means that current prices do not accurately reflect true market prices.
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