Why Most Residential Real Estate Service Stocks Are Not Worth Owning
<p>Despite my luxury real estate auction background, I realized I’ve never really written about real estate from an investing perspective.</p>
<p>It’s weird, considering my admiration for Peter Lynch’s investing philosophies of looking for investments in industries you know best.</p>
<p>The idea is that the company’s performance in the real world is more important than its financials.</p>
<p>Thus, as a previous real estate agent and luxury auction project manager, I should look more at real estate stocks because I know more about the industry.</p>
<p>However, it might come as a surprise that I generally stay away from most real estate service stocks.</p>
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