This Stock Can Protect You From a Housing Market Crash
Ever since the coronavirus pandemic began, we have seen a resurgence in demand for single-family homes in the suburbs. Leading single-family REITs report that demand has never been stronger for suburban homes. Many of the biggest homebuilders reported that May and June were record selling months. This has stoked fears that the housing market is overstretched and heading for a crash. If so, how should investors protect their housing portfolio?
One counterintuitive way is through a mortgage real estate investment trust (REIT) -- specifically AGNC Investment Corp. (NASDAQ: AGNC).
Source Fool.com
