Real Estate Is in a `Goldilocks Period`: Sternlicht

ckoffend | Jan 29, 2013 09:26 AM ET beachbum, you have been saying sell the banks for about as long as I can remember. Obviously you missed that one, the banks have been a great investment over the past few years. I`ve made a killing on Citigroup - that same bank that everybody said was going to go bankrupt and fall to zero. I recommended it to all my neices and nephews and we have all seen a return of 50 to almost 100% over the past 2-3 years. At the time, I said buy as much as you can afford at a price of less than $3 per share. Not sure where you see this great fall coming from in the banking sector? My guess is that you, like so many others, blame the banks for people living a life of debt. Do you also blame McDonalds for people being fat?

FACTcheck | Jan 29, 2013 09:48 AM ET The same articles 4 years running... eventually they will be right.

giofls | Jan 29, 2013 09:52 AM ET Read what this author says carefully. This is a Goldilocks period for real estate INVESTORS, not for real estate. Prices are low, interest rates are low, and rents are high -- that is a great combination if you are buying properties to rent out. As to buying and owning REITs, you have to understand to what extend those factors are already in the price. If you own good REITs, they are probably a hold right now. If you are looking to buy in now, you are late to the party and need to make sure you are not overpaying to join the fun.

antisocial | Jan 29, 2013 09:56 AM ET AS FAR AS I CAN REBEMBER HOUSING MARKET HIT BOTTOM IN 2010. IF AM WRONG THEN YOU HAVE TO BLAME CNBC AND ITS COMMENTRATORS... THIS ARTICLE IS SIMPLY NOXIOUS....

duck33 | Jan 29, 2013 10:02 AM ET A for sale to the highest bidder government has sold out the American job so housing is unaffordable forcing people to rent but if they can not afford to purchase a home flipping burgers what makes anyone think they can pay rent?

JohnnyOxygen | Jan 29, 2013 11:29 AM ET "Real Estate Is in a `Goldilocks Period" Isn`t Goldilocks a fairy tale? At least the headline is accurate.

jonnyboiler | Jan 29, 2013 12:01 PM ET In other words, the banksters stole all of the nations capital in 2008, and nobody can afford to buy a home now. They buy up the property with all of the capital that the middle class lost, and then they extort us with high rents. What a great scam they have going

jonnyboiler | Jan 29, 2013 12:04 PM ET ckoffend | Jan 29, 2013 09:26 AM ET beachbum, you have been saying sell the banks for about as long as I can remember. Obviously you missed that one, the banks have been a great investment over the past few years. I`ve made a killing on Citigroup - that same bank that everybody said was going to go bankrupt and fall to zero. I recommended it to all my neices and nephews and we have all seen a return of 50 to almost 100% over the past 2-3 years. ------------------------------------------------------------- Well you wouldn`t be saying that if you bought city group in 2007 or early 2008. You wouldn`t have ever recouped your initial investment. A company that size shouldn`t have that kind of volatility. Value investors have been burned too many times by the wall street cesspool. You go%2

javfa | Jan 29, 2013 12:16 PM ET ckoffend; Citigroup has done absolutely little since the 10 to 1 reverse split almost four years ago. If you bought it six months ago you could have made 50%, only because the stock dropped 50% a few months previous, but you would have to be a market timer instead of an investor. Who are you trying to kid, yourself?






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