REITs were a screaming buy last November. This year you pay more. But, I still like REITs, especially in the medical office space.
Yes, the REITs have been raging of late, so they are no longer a bargain. I figure they have another couple of years to run before rising interest rates start competing with their dividends and simultaneously harm their underlying businesses.
The REIT medical-office sector is a good long-term play. Same with senior housing given all the boomers are retiring.
I like this senior play despite the bad rap that Better Call Saul is giving them in one its storylines.