Rates to Zero, REITs to the Sky? 3 Cheap Landlords Paying 5% to 6%

Are interest rates heading to zero in the US? Or, dare I say, negative range? I don’t think so. But if they do, real estate investment trusts (REITs) are going to absolutely skyrocket. This year-to-date has been a sneak preview. Most REITs have seen their valuations expand with the market rally, but we haven’t missed out on all of them. In a minute, we’ll discuss a trio of dirt-cheap REITs with attractive yields between 5% and 6%. But first, let me show you just how overstretched this market has become. First, let’s look at the “Shiller PE.” This is the “second-level” price-to-earnings ratio, created by legendary economist Robert Shiller, that factors in average inflation-adjusted earnings over the past decade.… Read more