Comment on [deleted]

• meyotch@slrpnk.net ⁨11⁩ ⁨months⁩ ago

  Never heard if REIT?

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  • SCB@lemmy.world ⁨11⁩ ⁨months⁩ ago

    C’mon man. You’re being serious?

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    • meyotch@slrpnk.net ⁨11⁩ ⁨months⁩ ago

      Yes. It’s a legitimate investment vehicle that people with money use to diversify their holdings. What’s with the incredulity? Rich people act in their own interests, news at 11

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      • SCB@lemmy.world ⁨11⁩ ⁨months⁩ ago

        You’re suggesting, with a serious face, that the fact that real estate investment trusts exist means that “rich people own the buildings their companies are in and want return to office to raise the value of those buildings.”

        That’s a thing you think is real.

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  • WarmApplePieShrek@lemmy.dbzer0.com ⁨11⁩ ⁨months⁩ ago

    And banks! If you own bank stocks, you own mortgages. If you own the S&P, you own bank stocks.

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