3 Residential REITs to Buy Despite Ongoing Industry Challenges

The REIT And Equity Trust - Residential Industry constituents are likely to bear the brunt of elevated supply of rental units, which is expected to constrain rent growth and occupancy levels. Moreover, increased usage of concessions, particularly in the lease-up assets, may drive more residential move-outs. Nevertheless, strong labor markets and favorable demographics drive robust demand, further supported by high homeownership costs and the flexibility of renting. Residential REITs can harness tech-driven ...