The last 1 Month Residential real estate REITs are roaring higher, being up +5-9% on average, while Office REITs are down almost symmetrically 4-6%.
That signals the end of depopulation of big cities (like SF, Boston, NYC) yet the trend of WFH is here to stay…
See the chart from TenViz tools, – purple circle in a purple oval
Any alternative takes please?
