Quote:
Originally Posted by Unregistered
REITs price fluctuates more than property price ecaxtly because they are more liquid and tradeable than property. Their underlying assets are property afterall. If REITs is crashing, not due to bad management, then property price and rental yield will be dropping also. Sure enough, the latest news is that rental yield has started to drop last month. COV for HDB flats also dropping. Prices also dropping. |
REITs are very, very volatile. The recent fear of QE winding down and interest rates rising caused REITs to crash. I know of people who lost so much money in REITs. Buying property for rent and keeping it for the long term is the best. I have been investing for more that 20 years and my experiences tell me that stocks and REITs cannot be trusted. You don't keep for long in these. You trade. But property will go up in the the long term, even though prices may correct at times. Stocks can go down to zero and never recover but property will recover.