There are a bunch of reasons to be investing in US real estate right now. A housing shortage? That’s a good one. Low interest rates? That’s there too. The need for more data storage and a fix to the global supply-chain disaster? Bet you didn’t see that coming.
Real estate exchange-traded funds are raking in cash. The $ 6.2 billion iShares US Real Estate ETF, gold IYR, posted $ 1.3 billion of inflows last week, making it the second biggest gainer among ETFs after BlackRock’s S&P 500 behemoth SPY and marking its biggest weekly haul ever. Not to be outdone, the $ 41.4 billion Vanguard …