The financial crisis started three years ago this summer. Since that time, real estate investment trusts (REITs) really haven't performed much worse than stocks and commodities.
The graph below from Bigcharts.com shows the Vanguard REIT Index ETF (VNQ), the S&P 500 Index (SPX), and the iPath Dow Jones-UBS Commodity Index ETF (DJP).
You would have been worse off during most of the past three years by owning REITs, but today all three asset classes are roughly even.
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