anyone follow her here?
know freenchee has been an disciple
find it incredible that commercial real estate has held up so well...also find it incredible that govt. interference, price decay due to daily tracking, and fees has beat this etf to near all time lows.
at some point this etf will roar. we need a Hugh drop day...1000 dow points or several consecutive down days for this to occur
both banks and cre are most certainly the walking dead. the govt may give big banks cash (although this may be changing) i do not think they will pay the rents for simon's rising vacancies
the quality of tenant in many of their older properties makes them appear to be not much more than an indoor swap meet/ flea mkt. even if the govt makes cheap $$$ avail the equity will not be there to collateralize the paper