Recent reports highlight a substantial increase in household debt, suggesting heightened reliance on credit amidst inflation, which typically favors REITs. Given the promising outlook for the sector, in this piece, I have looked into Equinix, Inc. (EQIX) and Welltower Inc. (WELL) to see whether these stocks are worth investors’ attention ahead of their earnings releases. Let's understand this in more detail.
A report from the Federal Reserve Bank of New York revealed a $212 billion increase in total household debt, reaching $17.5 trillion in the fourth quarter of 2023. Within this, credit card balances ballooned by $212 billion to $1.13 trillion, while mortgage balances ascended by $112 billion to $12.25 trillion.
