Just curious is anyone has ever stashed their equity in local residential REITs that are intended for the eventual purchase of a home.
For example, say I’m moving to Phoenix, and I know that I am going to buy a home within 1-2 years of my move but need to familiarize myself with the neighborhoods first. If I am worried that home values are going to spike within that time, would it make sense to stick my money in a localized housing REIT so that I can compete in the real estate market when it’s time to buy?
Submitted July 10, 2021 at 10:33AM by suitupyo https://ift.tt/2TO4Syn
