Statz agrees, saying that as investors become more familiar with real estate securities, they are more likely to stay. "Five years ago, these stocks were used as a refuge by advisors. When they didn't like anything else, they might buy a REIT," he says. "Now we're seeing a whole different mindset, where it's viewed as first and foremost an asset allocation tool."
Real Estate To The Rescue
March 1, 2003
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