Orange County, CA, Financial Advisor, July 25, 2012 – A well balanced portfolio will likely consider asset classes outside of traditional stocks and bonds. Real Estate has proven over the long term to be an interesting diversifier that came with its own series of risk. The financial crisis that came in 2008 was spearheaded by the real estate market, with homeowners have a front row seat to this correction. Renters have increased, showing positive numbers in certain areas. Calvin Schnure, vice-president, research and industry information with NAREIT, cites the slow economy as a driver of recent demand for apartments. “What happened with the apartment REITs over the past two years was they were really benefiting as housing demand shifted from single family into renter because of the housing crisis,” he says. This article at AdvisorOne provides some good insight:
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