(Pexels)
In general, REITs are among the hardest hit sector by the COVID-19 economic shock. Most remain far below February levels despite the "recovery" of major indices. Most notable among these is American Campus Communities (ACC), which remains about 50% below its pre-crash levels.
See ACC's performance vs. the Vanguard Real Estate ETF (VNQ):
In the past, student housing was regarded as an extremely profitable and generally low-risk investment. Students are generally supported by parent incomes or debt, and are unlikely to not pay. Additionally, rents