"Over the past few weeks you've seen some uncertainty, but it's probably just a slight correction," says Paul Habibi, a professor of real-estate finance at the UCLA Ziman Center for Real Estate. "Quantitative Easing is ending, but if you look at the bigger picture, it's because we're heading for better times, which means higher rents and occupancies…It's important in the short-term, but it's also emblematic of long-term economic strength. Markets in the short-term are myopic in that sense."
"Real-estate investment trusts posted their worst quarterly performance in a year and lagged behind the broader stock market in the third quarter as investors bet interest rates would rise over the next year..."
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