Goldfarb: Good reasons to be bullish about residential REITs

07/8/2010 | MSNBC

There are several reasons why residential REITs will continue to post strong earnings, says Alexander Goldfarb, an analyst with Sandler O'Neill & Partners. New supply is limited, which is allowing apartment companies to raise rents. Meanwhile, home ownership is dropping, leading to increased demand. Normally during high periods of unemployment, residential REITs suffer, Goldbarb says, but these factors are mitigating the current job situation.

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