Oct 25, 2007

Christopher Haley: Underweight REITs

REIT valuations are not factoring in a more significant slowdown of the economy.

~ Christopher Haley, analyst at Wachovia, which has an overall investment rating for the industry of "underweight," "REITs See Biggest Drop Since 1998 as U.S. Rout Grows," Bloomberg.com, October 25, 2007

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