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ProShares UltraShort Real Estate Message Board

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  • lzymoney01 lzymoney01 Jun 3, 2008 10:44 PM Flag

    Obama clinches and stock markets crash

    If the office buildings are empty and mall stores are closing and there are not the buyers nor the financing for commercial Real Estate then how are REITS going to continue there rally?

    Vacancies UP
    Rents Down
    RE values Decrease
    Taxes are not going to change this.

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    • Instead of 'show me the money', I feel like I should be saying 'show me the doom'. The bears haven't even been able to put together a proper recession. Besides, REITs already tanked last year for bad news related to the credit crisis. But this bad news never actually impacted REIT fundimentals (FFO was up, occupencies greater than 90%, dividends well covered, etc..). So at this point, you need a recession just to keep REITs at where they are at. And if you don't get one, I think IYR is going from 68 to somewhere around 85.

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