1 REIT Sector I'm Staying Away From in 2022
We're roughly two full years into the pandemic, and while many things have changed for the better since March of 2020 (hello, vaccines) have been introduced, the impact of the outbreak is still being felt in many ways. For one thing, many people have yet to recover personally from the financial blow the pandemic dealt them. And a number of real estate sectors continue to struggle in the pandemic's wake.
Mall real estate investment trusts (REITs), for example, remain somewhat precarious in light of the record number of store closures we've seen during the pandemic. And hospitality REITs could remain sluggish as business travel continues to stall.
But there's one REIT sector that really worries me not only in the near term but also, to an extent, in the long term. And that's why I'm opting to stay away this year.
Source Fool.com
