Rising Rents Drive January Inflation Higher, Benefitting Real Estate Investment Trusts
- Inflation rose to 3.1% in January, fueling worries it won't fall below 3% anytime soon
- Shelter costs, especially rents, were the main driver of inflation
- Higher rents benefit real estate investment trusts (REITs)
- REIT CEFs like Cohen & Steers Quality Income Realty Fund (RQI) yield over 8%
- RQI has outperformed the broader stock and REIT markets over time
