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I guess she might be referring to inverse ETFs (Exchange traded funds) For example this one: http://www.google.com/finance?q=srs goes up with REITs going down.
ProShares UltraShort Real Estate (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as –200% of the daily return of the Index. The Index is a price return index. The Fund’s investment advisor is ProShare Advisors LLC.
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I work with people in the NYC area who are high level, high powered and who run around with the same.
At the last party I attended, the usual end of the night "Let me show you what I know" discussions were going on and this one woman who is in real estate openly stated, "I feel sorry for anyone in commercial real estate come this September. It's going to tank harder than the residential market. But there's always ways to make money on the downside of things." What made me take her statement so serious is that nobody argued with her, nor offered any challenging points. Instead of the usual round of comments and opinions which usually follow, everyone was nodding their head in approval or taking sips from their glasses at that point as if they too knew what was coming.
Again, these were people of influence with clients of the same, a few celebs you and everyone else know attending and me, I was there by way of having a client who invited me. That is to say, I didn't belong there, yet I was there and this is the conversation I happened upon.
I don't have anything with a link or something to substantiate what she was saying outside of seeing her own proven track record in the real estate industry as well as the clients she maintains.
Take it for what it's worth,
J
#housing