- Global property cycles don’t coincide. US properties perhaps in a better position since they have the opportunity for a correction and in a rising interest rate environment, housing recovers with their economy.
- Not so for the Singapore since we didn’t have that rationalization in the first place. When prices and rents are already dear, that will be capped realistically how high they will be able to grow.
- From ...
Have some materials that would make good weekend reading and education.
WealthTrack (great to subscribe!) profiles 2 global property investors and amongst them Jason Wolf comes from the deep value investing school of Marty Whitman’s Third Avenue.
They talk about REITs and global properties, in a rising rate environment, from their research what works and what doesn’t.
Gregg Fisher have done a research on REITs in a financial crisis and how they recovered. You can read it here.
Points understood