Granted commercial real estate has already sold off more than 50% but it hasn't caved in like the financial institutions; even though it is basically a component of them.
Today Simon Property Group is reducing their dividends and replacing it with share dilution. The entire purpose of owning REITS is for the dividends and the entire point of owning mining companies is for the appreciation potential.
SO look at how miners performed the past couple years and look at REITs. I would like to think the tables will be turned in their fortunes and that those short sellers will be going short heavily REITs as they squeeze the Johnny come latelys in the mining sector.
Lets see.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment