Produced by The Belgian Dentist for The Income Strategist
As we mentioned in a previous article about SunBelt REITs and the rise of the 18-hour city, the increase in prices in so-called 24-hour cities has resulted in cap rate compression, and a renewed focus on opportunities in secondary or tertiary markets--particularly in the Sun Belt, where there are still good supply-demand dynamics, high occupancy, and rent growth. Lower cap rate compression in these markets also means potentially higher yields for investors.
In the previous article, we talked about REITs in general and touched on some