My Vanguard REIT Admiral Shares are tanking. what gives?

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PwC is their auditor

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Reits in general are down. Always happens when expectations of interest rate rise. Why buy real estate which might get 5% return but element or risk - where as rising interest rates mean you can borrow money with less risk which will generate similar return.

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Thats low. Like any of the other big 4 haven't had their issues too.

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Ha!!!

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REITs have been stinky for the past 18 months or so. Hopefully you’ve been in more traditional equities as well and haven’t missed those gains.

@KPM1: I am and I took out 90% of it last week before it really tanked. But curious why it's going down.

Reits are an expensive way to invest in real estate. If assets are only appreciating 5% and the management company has to pay all their overhead, not much left in growth. It’s a rather safe long term investment but you’ll only get stock like growth when it spikes, but that is almost always followed by a crash.

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