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Trying to buy a house is 'playing a game you can't win'
(www.bbc.com)
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this post was submitted on 27 May 2024
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REITs and REOCs aren’t helping by treating the housing market like the stock market. No more than 30% of their sales can occur within four years of purchase, encouraging them to hold properties. With respect to property that consists of land or improvements, the REIT must hold the property for two years for the production of rental income.
https://www.cielam.com/insights/capturing-the-entire-real-estate-value-chain-reits-reocs-and-their-comparative-analysis
Their presence in the market doubles in size every four years.
https://www.yalelawjournal.org/article/a-theory-of-the-reit
I've said it before but I'll say it again, necessities for living should not be an investment vehicle!