The stock is less volatile than many REITs but does tend to be sensitive to interest rate expectations,
prompting big declines in advance of the last two rate hikes.
Not exact matches
On Monday, the Dow finished down 4.6 percent, the
biggest decline in percentage terms since August 2011, when investors were fretting over Europe's debt crisis and the debt ceiling impasse in Washington that
prompted a U.S. credit rating downgrade.
The
big problem with this is that people will then use these mental gymnastics to justify financing a renovation — and take on debt today, in order to increase your home's value tomorrow is not financially savvy (particularly with rates poised to rise, which will
prompt a cooling housing market and
declining housing prices).