Real estate got us into this mess in the first place. Will it also get us out?
Given how hard it is to predict anything related to the economy, is now a good time to invest in real estate? That's a topic that Foolish retirement expert Robert Brokamp picks up in this month's issue of Rule Your Retirement. In looking back at the history of real estate investing, he notes that while REITs have had extremely high valuations for years, the combination of low share prices and high yields now make them look more attractive than they have in a long time.
But that's not to say they don't face big challenges. Ailing retailers like Circuit City and Sharper Image were mainstays across the country, and when they go belly-up, it's tough to find anyone to take over their space at your local mall. And anytime you see a Starbucks (Nasdaq: SBUX) location close its doors, there are investors who have suddenly lost a valuable stream of income they were relying on.
This article is found at: http://www.fool.com/retirement/general/2009/02/09/will-real-estate-lead-...