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Tag Archives: Barron’s

Real Estate Rumblings

Stomachs are knotting up in the boardrooms of America’s real estate investment trusts (REITs). Last week, REIT prices took a sharp 5% tumble. Another 3% drop followed on Monday when an article appeared in Barron’s, denouncing the overvaluation in the REIT sector and predicting a further 10% washout.