Real Estate Revival? How Long? NYMT Example Case
All,
Assuming we find a bottom here in REIT. Looking back the collapse of 07-08 took around 2.5 years to turn a $2 investment into $8. I first off all feel awful for the real estate market. I think it was actually primed to move up after the 08/15 crashes, and right when it was ready to move up coronavirus hit etc. Unfortunately whoever owns some of these smaller companies really doesn't do much hedging or turn their company have different revenue streams.
Anyways long story short... the recovery in 08 took 2.5 years because it fought it''s way down. You can see more than likely where people thought was a bottom and it spiked. 15 was not as bad and in general recovered quicker. Also during that time had a lot more going for it vs war etc.
IMO I think the REIT right now is sort of the mini gold mine.
Reasons why Real Estate will recover fast (once we actually have a bottom):
-We crashed hard and fast. This means there was not a fight on the way down good for bulls really. This also might be we are smarter now due to the past. So the recovery time could be much faster.
Question is... is the bottom here? I am 50/50 here. I think it's possible, but I also think there may be a second lockdown / covid wave.
Assuming we find a bottom here in REIT. Looking back the collapse of 07-08 took around 2.5 years to turn a $2 investment into $8. I first off all feel awful for the real estate market. I think it was actually primed to move up after the 08/15 crashes, and right when it was ready to move up coronavirus hit etc. Unfortunately whoever owns some of these smaller companies really doesn't do much hedging or turn their company have different revenue streams.
Anyways long story short... the recovery in 08 took 2.5 years because it fought it''s way down. You can see more than likely where people thought was a bottom and it spiked. 15 was not as bad and in general recovered quicker. Also during that time had a lot more going for it vs war etc.
IMO I think the REIT right now is sort of the mini gold mine.
Reasons why Real Estate will recover fast (once we actually have a bottom):
-We crashed hard and fast. This means there was not a fight on the way down good for bulls really. This also might be we are smarter now due to the past. So the recovery time could be much faster.
Question is... is the bottom here? I am 50/50 here. I think it's possible, but I also think there may be a second lockdown / covid wave.