Iwe Unogona Kushandisa REIT kune Invest in Commercial Real Estate
- Zvokutengeserana zvinosanganisira nzvimbo dzekutengeserana dzomukati, nzvimbo dzomukati dzomukati, uye mabhokisi makuru vatengesi. Inosanganisirawo mabhuku ezvitoro neresitoro. Kukosha kwayo kunosvika $ 2.1 trillion kana 36 muzana yehuwandu hwekutengeserana kwedzimba. Iyo inosanganisira anenge 9.5 mabhiriyoni mita mamita ezvitoro nzvimbo.
- Hotels dzinosanganisira motels, zvigadzirwa zvepamusoro, uye mabhizimisi emahotera. Izvi hazvirevi misha inobvarura dzimba kuburikidza neAirbnb. Iko kune mamiriyoni 4.4 emakamuri ehotera anokosha $ 1.92 trillion.
- Zvivako zveHofisi zvinosanganisira zvose kubva kuManhattan skyscrapers kuenda kuhofisi yegweta rako. Iko kune mabhiriyoni mana makiromita masendimita ehofisi nzvimbo, inobhadhara madhora 1.7 trillion kana 29 muzana yehuwandu.
- Zvivako zvepaImba yekutengeserana zvivakwa. Makambani anopa ivo chete kuti vashandise purofiti. Ndicho chikonzero dzimba dzimba dzinodzingwa nevanini vadzo dzimba dzekugara, kwete dzekutengeserana. Mimwe mishumo inosanganisira dzimba dzekuvaka dzimba muhuwandu hwekugara kwemaimba panzvimbo panzvimbo yebhizimusi reimba. Iko kune mamiriyoni makumi matatu nemazana mana emakiromita emakiromita eimba yekuvakira nzvimbo, inokwana madhora 1.44 trillion.
- Industrial property inoshandiswa kugadzira, kugovera, kana kugadzirisa chinhu. Haisi nguva dzose inofungidzirwa zvekutengeserana, kunyanya muzvirongwa zvekushandisa kwenyika uye mune zvigadziro. Kune mabhiriyoni gumi nemazana mana emakiromita emakiromita emabhizimisi edzimba inobhadhara $ 240 mabhiriyoni
Dzimwe nzvimbo dzekutengeserana dzimba dzakadukusa. Izvi zvinosanganisira zvimwe zvisina mari, zvakadai sezvipatara uye zvikoro. Nzvimbo isingabhadharwi ndeyekutengeserana imiti kana ichatsvaga, kwete kutengeswa.
Izvo Zvokutengeserana Zvimwe Zvitengo Zvinosangana Nehupfumi
Sezvo chikamu chezvinhu zvakakomba zvemuchengeterwa, puropu yekutengesa dzimba inobatsira 3 kubva muzana kusvika kuhuwandu hweUnited States hupfumi.
Muna 2017, paive ne $ 472 bhiriyoni yezvokutengeserana kwedzimba dzekugara. Nhoroondo yakakwirira yaiva $ 586.3 mabhiriyoni mugore ra2008. Vakaderera vaiva $ 376.3 mabhiriyoni muna 2010. Izvozvo zvaimiririra kuderera kubva ku1 4.1 kubva kune 2.6 muzana yeGDP.
Sei zvakatora mabhizimisi ekuvakwa kwemazimba kwemazana maviri kwemarefu kwenguva refu kupfurikidza neimba yebhombe ? Commercial real estate construction inongotora nguva yakareba kupfuura yekugara kwekuvakwa kwedzimba. Vavaki vekutanga vanofanira kuve nechokwadi kuti kune dzimba dzakakwana nevatengi kuti vatsigire hutsva hutsva. Zvadaro zvinotora nguva kukwidza mari kuvarimi vemari. Zvinotora makore akawanda kuvaka zvivako, mahofisi, uye zvikoro. Zvinotora nguva yakawanda yekubvisa zvivako zvitsva. Apo misika yemumba yakaparara muna 2006, mabhizimisi emabhizimisi edzimba akanga apfuura.
Iwe unogona kazhinji kufanotaura zvichazoitika mune zvekutengeserana dzimba nekutevera nekukwira kwemakethe emumba. Sechiratidzo chekudzivirira , commercial real estate statistics inotevera mararamiro emakore kana maviri. Havazorevi zviratidzo zvekuderera . Vanorova mvura yavo yakadzika mushure mekugara kwemaimba chaiwo.
Nzira Yokutsvaga Nayo Mukudhinda Imba
A Real Estate Investment Trust ndiyo kambani yevanhu inosvika uye inotengeserana dzimba.
Kutenga zvikamu mu REIT ndiyo nzira iri nyore yekuti mumwe wezvokusimbisa mari awane pfuma kubva mune zvekutengeserana. Iwe unogona kutenga uye kutengesa zvikamu zve REITs sematokisi , zvisungo, kana chero humwe rudzi rwekuchengeteka . Vanoparadzira mari inotengesa kune vatyairi vemari, yakaenzana nezvikamu zvikamu. MASHOKO anogadzirisa njodzi yako nekukubvumira kuva neimba kunze kwekutora chikwereti. Sezvo vashandi vari kutarisira zvinhu, iwe unochengetedza nguva nenguva nemari.
Kusiyana nedzimwe makambani omunharaunda, REITs inofanira kugovera zvinenge 90 kubva muzana yemari yavanobhadhara kune vagovana. Izvi zvinovaponesa mutero webhizimisi rebhadharo, iyo inobhadharwa nemugoveri pamutengo mukuru wekutambira mutero .
Mushumo wegore ra2015 weNational Association of Realtors, "Scaling New Heights," yakaratidza kuitika kwe REITS. Yakataura kuti REIT ndeyo 34 muzana yehutano mumisika yezvokutengeserana.
Ndicho chechipiri-chikuru chekugara. Iko huru pane yega yega , inayo 43.7 muzana.
Pros uye Cons ye REITs
Kubva kwekutengeserana kwemahombekombe kwemahombekombe inoratidzirwa chiratidzo , REIT mitengo haisimuki uye inowira nemusika wekutengesa. Izvo zvinoita kuti vave kuwedzera kwakanaka kune imwe nzvimbo yepodfolio. MITARIDZO inoshandisa zvakanakisisa nezvisungo uye zvikamu zvinokonzera-zvigadzirwa zvekuti dzinopa ruzivo rwekuwana mari. Kufanana nezvose zvakachengetedzwa, zvinotungamirirwa uye zviri nyore kutenga uye kutengesa.
Ramba uchiyeuka kuti kukosha kweRIP yako kunoratidza zvinopfuura zvisizvo zvemaimba. Inobatanidzwawo nekudiwa kwe REIT pachavo sekutsvaga. Vanorwisana nematokisi uye zvisungo zvevatengesi. Saka kunyange kana kukosha kweimba inoshandiswa neRIT ichikwira, mutengo wekugovera unogona kuwira mumusika wepashamba.
Nguva Yokutenga uye Kutengesa REIT
Paunotora mari muRITIT, iva nechokwadi chokuti unoziva nezvebhizimisi rezvebhizimisi uye iyo inogadzirisa pane zvekutengesa dzimba. Munguva yebhokisi, zvekutengeserana dzimba inogona kuwana huni hwekushandisa shure kwekugara kwekugara kwemaimba. Munguva yekuderera, nzvimbo dzekutengesa dzimba dzinowedzera pasi payo mushure mokugara kwemaimba.
REITS Versus Real Estate ETFs
Real estate exchange-traded funds inotarisa matengo emitengo ye REITs. Vashandi vanokohwa kuT ET nokuti vane mari shoma. Asi ivo rimwe danho rimwe rinodzingwa kubva kuhutano hwepasi peimba. Somugumisiro, ivo vanowanzoshungurudzwa pamatengesi emabhiza uye misika yemisika .
Zvemabhizimisi Matenga Mukati KweMari Crisis
Commercial real estate chikwereti chakadzoka kubva muna 2008 matambudziko emari . Muna June 30, 2014, mabhanga ehurumende, ayo 6 680 anotsigirwa neHerald Deposit Insurance Corporation, akabatwa $ 1.63 trillion muzvikwereti zvemari. Icho chaiva chechipiri kubva muzana kubva kune $ 1.6 trillion muna March 2007.
Commercial real estate yakaratidza kuderera kwacho makore matatu mushure mekugara kwekutengesa kwekutangira kwakatanga kuwira. Pakazosvika December 2008, vatengesi vezvokutengeserana vakatarisana ne $ 160 mabhiriyoni uye $ 400 mabhiriyoni mukutora chikwereti. Vakatsvaga kuti vawane mabhenji kuti avatsigire. Zvizhinji zvezvikwereti izvi zvaive nemakore 20-30chete chete. Mabheni iye zvino anoda 40-50 muzana zvakaenzana.
Kusiyana nemari yekuchengetwa kwemusha, zvikwereti zvezvikwata zvekutengesa uye zvivako zvehofisi zvine mubhadharo mukuru pamagumo emhedziso. Panzvimbo yekubhadhara chikwereti, vatadzi vanogadzirisa. Kana mari isingawanikwi, mabhangi anofanirwa kutarisana.
Kurasikirwa kwemari kwakatarisirwa kusvika $ 30 mabhiriyoni uye kunokonzera mabhenji mashoma emunharaunda. Havana kunge vakaoma zvakaoma ne subprime mortgage mess sezvakawanda mabhanki. Asi vainge vatengesa zvakawanda munzvimbo dzekutengesa zvekumba, dzimba dzakawanda, uye mahotera. Vazhinji vaitya kuvharwa mumabhanki maduku kungave kwakaipa seChaka chekuchengetedza uye Chevarwere makore makumi maviri adarika.
Inenge madhora mazana matatu emadhora mabhiriyoni emadhora emakore mashomanana ekutengeserana akakura muna 2008, maererano ne Real Estate Roundtable. Zvizhinji zvezvikwereti izvi zvingadai zvakaenda zvakaipa kana dzisina kunatswa.
Muna Gumiguru 2009, Federal Reserve yakarondedzera kuti mabhengi akangoisa $ 0.38 pamadhora ose ekurasikirwa. Yaiva 45 muzana chete ye $ 3.4 trillion chikwereti chikuru. Zvitoro, zvivako zvehofisi, uye mahotera akanga achienda kubhadhara nekuda kwezvakakwirira. Kunyange Purezidhendi Obama akaudzwa nezvechiitiko chinogona kubudirira neboka rake rezvemari.
Kukosha kwekutengeserana kwedzimba kwakakunda 40-50 muzana pakati pa2008 na2009. Vhizimisi vemabhizimisi vepfuma vaitengesa kuwana mari kuti vaite mari. Vaparidzi vakawanda vakanga vabuda kunze kwebhizimisi kana kuti vakadzokororazve kubhadhara mari shoma. Vatengi vakaedza kusimudza mari nokutengesa zvikamu zvezvitsva zvitsva. Vakashandisa mari iyi kuti vatsigire mari yezvinhu zviripo. Somugumisiro, havakwanise kuwedzera kukosha kune vagovana. Vakanyatsorutsa kukosha kune avo vaviri varipo uye vatsva. Mukubvunzurudzwa naJona Cona weTARP Capital, zvakaratidzwa kuti vashandi vatsva vangangove "vachikanda mari yakawanda mushure mekuipa."
Pakazosvika June 2010, kubhadhara chikwereti kudengenyeka kwekutengeserana kwemaimba kwakaramba kuri kuwedzera. Maererano ne Real Real Analytics, 4.17 muzana yezvikwereti zvakasarudzwa mukutanga kwegore ra2010. Izvozvi zvinodarika madhora 45,5 mabhiriyoni emabhengi akachengetwa. Iyo yakakwirira kudarika vose 3.83 muzana yevhesi muchina yechina ye 2009 uye 2.25 muzana yegore gore rapfuura. Zvakanyanya kuipa kudarika 0.58 muzana yekutadza kwehuwandu muhafu yekutanga ye 2006, asi kwete yakaipa seyo 4.55 muzana yepakati muna 1992.
Muna Gumiguru 2010, zvakaratidzika sezvikwereti zvebhizimisi reimba iyo yakanga yatanga kugadzikana. Kwemwedzi mitatu, chikwereti chemadhora mabhiriyoni mana emakero ehofisi nzvimbo yakangowira pasi nepenji paavhareji. Imwe yehurumende yehurumende yekugara kwemahofisi yakaita seyakadzika pa17.5 muzana. Yakanga yakaderera kudarika re 1992 yakareji ye18,7 muzana, maererano neiyo yeimba yekutsvakurudza zvakasimba REIS, Inc.
Dambudziko rezvemari rakasiya REIT maitiro akaora mwoyo kwemakore. Sei? Chimwe chikonzero ndeyekuoma kuona nzvimbo dzakagara dzakanyorwa REIT dzakatengeswa munguva yematambudziko. Chechipiri ndechokuti vadzidzisi vemabhizimisi edzimba vainge vakaderedzwa-pasi mumadhorobha avo. Nzvimbo yavo yekutengeserana mari yaive yakaderedza 40-50 kubva kubva muna 2008, ichideredza kukosha kwe REITs.
Zvokutengeserana zveimba yezvikwereti zvikwereti zvakangoita kuti pave nechechi yepamusoro. Muna 2013, mabhengi akachengetedza $ 991.2 mabhiriyoni mune zvikwereti zvekutengeserana, 3.3 muzana kubva ku2012. Inenge chikamu chechitatu chakauya kubva pakati pegore ra2015 na2017. Zvizhinji zvakanyorwa muna 2005 kusvika muna 2007 apo pfuma yepamusoro yakanga yakakwirira. Izvo zvikwereti zvingadai zvisingachaperi kana matengo eimba yedzimba akanga apera. Pane kudaro, vanhu avo vakanga varasikirwa nemisha yavo vakazova vashandi. Vakachengetedza zvikwereti zvacho zvisingachaiti uye hupfumi kubva kune imwe nyika.