How’s this for irony? Donald Trump made his name and fortune from real estate. You can argue that he will soon be the nation’s first Landlord-in-Chief. But real estate stocks have tumbled since Trump was elected president.
The Real Estate Select Sector SPDR (, an ETF that owns big real estate firms like mall operator )Simon ( and apartment complex companies )Equity Residential ( and )AvalonBay (, has fallen 3% since Trump defeated Hillary Clinton. )