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@9ForMyLostGod how is it ridiculous of you understand the markets? Commercial real estate has its highest default rate ever, even worse than 2008. Commercial real estate, which is what IGR is, is fucked. You think it’s going up becuse of a rate cute? Haha many businesses are still remote. There is no reason for commercial real estate to do well, whatsoever. Fed sad likely zero rate cuts in 2025 because inflation is fucked. They had no business ever cutting interest rates to begin with. Inflation is a disaster.
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@squeezehunter8 I agree with the last part of your statement regarding the FED and rates. The rest, not so much. I mean, have you even looked at their portfolio? There is only ONE true commercial/office real estate holding in their top 10. The rest is residential, self-storage, healthcare, towers and retail or industrial. IGR is taking an absolute beating lately, but long term I like it for the dividend and its diverse holdings.
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