Buy This High-Yield Apartment REIT and Hold It for the Next Decade

Apartment pricing has seen a huge boom in the last few years, with average rents growing over 21% since February 2019. Some of this is attributable to the overall increase in absolutely everything since the pandemic, while some of it is more likely due to shortages of rental units that started during the Great Recession.By some estimates, the U.S. will need over four million new apartments to meet demand by 2035, and we're not keeping up. So, it makes sense to add some apartment real estate investment trusts (REITs) to your portfolio. The demand is immense and is only expected to increase. And with single-family homes facing an equally painful shortage, apartments are faster to build and can house people more efficiently, making them a vital part of the solution to the nation's overall housing problems.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool