Dragon Claws Many investors seem to think that REITs (VNQ) are facing severe difficulties due to the recent surge in interest rates. The whole sector has crashed, and the headlines have been very negative for 2 years in a row: Data by YCharts But in reality, most REITs are doing very well because: Leverage is at an all-time low, with the average LTV at just around 35%. Nearly all REIT debt has a fixed interest rate. Debt maturities are also long, at 7 years on average, and well-staggered. Rents keep on ris ...