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Worried About a Recession? This Real Estate Company Is Not.

Worried About a Recession? This Real Estate Company Is Not.

This is good news for some apartment real estate investment trusts (REITs), especially Equity Residential (NYSE: EQR), which specializes in luxury urban apartments. Equity Residential specializes in luxury rentals for young, affluent tenants in select urban areas. Equity Residential recently reported its second-quarter earnings.