11/14/2012 | By Tom Bickford
REITs today are more vital to the economy and the investment landscape than ever before "“ fulfilling their essential role of providing each and every individual with the opportunity to benefit from large, diversified holdings of real estate.
Since their inception, REITs have helped the U.S. achieve important economic and social goals. When Congress created in 1960, it aimed to provide the average person with the ability to easily and effectively access investment in real estate to help secure a better future.
With U.S. REITs leading the way around the world, REIT-based real estate investment today is a well-accepted and widely recognized part of the investment landscape, bringing with it the benefits of current income and capital appreciation through long-term real estate investment.
As a result, savers, investors and retirees increasingly find the REIT approach to real estate investment playing a vital role in their investment and retirement planning, helping to advance our nation's economic security.