REI from a BP perspective is mostly concentrated by smaller investors and depends highly on location and Micro-economic conditions. The real answer should be --"It depends" base on location. Investments in infrastructure generally are good for RE unless you are building nuclear waste dumps. Macro-Economic factors in my opinion will have little impact on REI locally unless there is a major market crash or global disaster in which case we all will have much bigger things to worry about than our portfolios. First world concerns aside, REI to me seems to be a good hedge against the market right now. Clearly that can change in 2017 so don't cash out your 401K and go into RE. Keep a balanced portfolio with ample reserves to take advantage of whatever opportunity arises next year.
