San Diego Housing Market News and Analysis
EQR; residential real estate etf
User Forum Topic
Submitted by scaredyclassic on August 21, 2020 - 10:27am
EQR is a severely beaten down real estate etf, produces rents, the landlord etf. I don't know anything about it really other than tiny bit of research and its severely depressed chart that did not get a post covid panic bounce.
"Equity Residential is a publicly traded real estate investment trust that invests in apartments.
As of December 31, 2019, the company owned or had investments in 309 properties consisting of 79,962 apartment units in Southern California, San Francisco, Washington, D.C., New York City, Boston, Seattle, and Denver.
It is the 2nd largest owner of apartments in the United States and the 10th largest apartment property manager in the United States."
the only real estate etf ive held is vanguard's vnq, which is i think largely commercial real estate.
much cleaner obviously than actual real estate, less leveraged, but seems like it might be a nice way to diversify? or perhaps to short, if you think the urban lifestyle is doomed.
i bought two shares just so i could claim im kind of a landlord. lack of trading fees is going to make more people buy a few shares of misc etfs...
~Active forum topics~