AvalonBay Communities, Inc. (NYSE:AVB)

aging boomers moving out of the burbs and back into urban population centers will propel growth in AVBs market

Residential REIT's is like buying a utility with an inflation hedge. FFO is a bit rich, yes, but there are forces at work that should keep FFO stable or increasing. For one, the debt market is favorable now and for the forseable future for large real estate investors. Second, despite the supposed pending residentail housing boom that is running through the media, an increase in either property tax or income tax - or both - will give people pause to purchasing a new home. In essence, the rental market will remain strong and this market is already tight in many markets. In addition to these macro condition, many of these residentail REITs own properties in the prime / desirable locations of CBD's, where the population continues to migrate....Manhattan, LA, Denver, DC etc. In these areas, if you want commutability, you are more likely forced to live in a rental apartment/complex than a single family home.

In summary, market should be supportive to rental rates, low cost of financing, scarcity of product in prime locations, and real estate as an inflation hedge all bode well for the long term benefit of incorporating residential REITs into your portfolio....with a nice dividend to boot.

Excellent management, invests in favorable markets, strong balance sheet.

Luxury living is not where it's at right now.

AS ECONOMY BOUNCES BACK AVB WILL OUTPERFORM ITS COMPETITORS DUE TO SUPERIOR BUSINESS PLAN AND STRATEGY.

High end apartments in an albeit improving economy is the wrong strategy. Those that can afford their rents can also buy their home. Look for vacancies to increase in Q2 and Q3 and the dividend to be cut in Q410 as well as 2011. Take the handsome profit now.

A triple digit PE, a low single digit ROE, and a dividend that exceeds earnings, and doing in a business in an industry with supply issues; what's there to like here?

Now priced way to high. Value and future dividends aren't safe. This company has a huge exposure to declining rents. Has anyone noticed the states their major holding are in? Short this stock and buy back in the 60s-- by June.

Low current price as it was affected by REIT decline. Concentrated in markets that historically have high employment, rebound quickly, and have high barriers to entry for new construction.

Downgraded to Sell from Neutral at Goldman.

at its lows, great dividend

M/C, P/E, Got It?

GOOD REIT

good reits

Real estate has hit bottom. Buy now.

This and EQR for the fantastic dividends and solid footing compared to the overall sector, which I will short using SRS

Hedged, free dividend play

I've been bearish on this stock since it was at $120 and I'm not done yet. No growth prospects and continued weakness in property markets will impair the valuation of their holdings.

Urban Housing Growth - gas prices

Give it up