REITs, or Real Estate Investment Trusts, are investment vehicles that allow individuals to invest in real estate without directly owning properties. They pool money from multiple investors to buy, operate, and manage income-generating real estate, such as commercial properties, apartments, and shopping centers. REITs offer investors a way to earn income and potentially gain from property value appreciation, similar to stocks, while also enjoying certain tax advantages due to their structure. They're traded on stock exchanges like regular stocks, providing liquidity to investors in real estate markets.
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