Evaluate the difference between equity real estate investment trusts and mortgage real estate investment trusts. Considering the current state of home values in the United States (for example, in Nevada), which of the two types of trusts would have provided a superior rate of return over the last five (5) years. Provide a detailed rationale to defend your answer.
Would real estate investment trust or mortgage real estate investment trusts be a better hedge against high inflation? Why or why not?