10/14/2008

Even as the stock market shows signs of life, now might not be the time to invest in REITs, which are down 21% for the year, Chris Palmeri writes in a Business Week commentary. Michael Kirby, director of research at Green St. Advisors, noted that REITs are yielding 5.5%, while corporate debt is yielding 7.8%. Meanwhile, commercial real estate could face more problems going forward.

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