Seven left-field ideas for housing-related investing
Canny ways to profit from the housing boom include buying into property lenders, self-storage property trusts and emerging telco providers.
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Credit LICs
Alternative lenders that finance residential property developments will benefit from rising prices and fewer loan defaults. The two main listed investment companies (LICs) in this space are the Metrics MCP Master Income Trust and Qualitas Real Estate Income Fund. Both traded at or just above their net tangible assets at end-March.
The VanEck Vectors FTSE International Property (Hedged) ETF REIT provides exposure to about 300 international real estate investment trusts (REITs). State Street’s SPDR Dow Jones Global Select Real Estate Fund is another option. Both exchange traded funds own REITs across a range of property sectors, including residential.