06-09-2012, 07:26 PM
(06-09-2012, 06:49 PM)arthur Wrote: I am always a perma-bear.
But still I would like to point this out.
Remember when was the last time REITs yield fell this low? Yr 06, 07.
However I believe the low yield may well sustain themselves for a longer time due to no other better asset class for both capital preservation (in long run) and yield accretive for the retail investors.
During Jun-07, the Average Yield (all REITs) = 4.249% vs Now = 6.465%.
The lowest Yield = 1.934% for CRCT. At below 3%, we have CCT, CMT, KREIT and CDL H-Trust. Ya, 3 of the Value Destroyers were there...

Perhaps if we adjust for inflation, then we may be worse off now....

Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------