As a resident of Los Angeles, I spend way too much time in my car. While traveling the city from one end to another, I’ve noticed a fair bit of construction going on. I started paying closer attention and realized that well more than half of these projects appear to be multi-family residential projects, also known as apartment buildings.
Apartment rental REITs are a good place to look to invest. This trend towards apartment living and rising rental rates is likely to continue for some time because this macroeconomic trend is not going to change anytime soon. With that in mind, here are three of the best stocks to play this trend: Equity Residential (EQR), Avalonbay Communities, Inc. (AVB), Post Properties (PPS) and Mid-America Apartment Communities (MAA).
Source: InvestorPlace
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