Why Out-of-Favor Asset Classes Can Maximize Returns

Pundits in financial-related markets often look in the rear-view mirror and use those statistics to project future performance. Real estate is no different. But, per the old cliche, previous history doesn’t predict future performance. An example of how the herd mentality didn’t work out might be New York City apartments, which were considered invincible until the rent regulation law change a few years ago. This shattered projections that were based on those apartments all going from rent stabilization to market-rate rents upon turnover...

   ...more

RSK: One person`s opinion. Depends on where you or the property are located. You may have to venture out of your area and your comfort zone.