Homebuyer demand for second homes was up 91% from pre-pandemic levels in January, marking record progress. Demand for trip houses soared as distant work took hold in mid-2020, leaving many prosperous white-collar staff with the power to work from seashore homes and ski chalets. Why Invest in REITs REITs historically have delivered competitive whole returns, based mostly on excessive, steady dividend earnings and long-term capital appreciation. Their comparatively low correlation with other assets also makes them a superb portfolio diversifier that can assist cut back total portfolio danger and increase returns.
- That expansion was pushed by negligent lending within the subprime mortgage market and the current housing increase is pushed by the extreme demand and record-low mortgage charges.
- For example, working from residence throughout a pandemic may be environment friendly when leisure and in-person networking opportunities are scarce.
- Demographics provide data on the age, earnings, and regional preferences of actual