Yesterday, a loyal reader and follower on Seeking Alpha wrote:
“I love REITs, but the high share prices, low dividends, 9-year bull cycle, and future trends do not portend well.”
Mt friend added:
“I would advise most REIT investors to think of retail/commercial/lite industrial (jiffy lube etc) ... as dead man walking. No, it is not dead, but the best days are behind. And in 10 years the demand equation will be making it a buyers mkt.”
Now, I don’t know about you, but when I think about the term "dead man walking", I am referring to someone who is about to face unavoidable loss, though he or she may not realize it. So, when used in this context, as I’m sure my friend meant, the term is a metaphor comparing loss to dying.
