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The main reason that REITs exist is to: Ch21 a. Encourage capital formation within the real estate industry b. Create a tax loophole for wealthy

The main reason that REITs exist is to: Ch21

a.

Encourage capital formation within the real estate industry

b.

Create a tax loophole for wealthy investors

c.

Allow shopping center owners to sell their properties during a recession

d.

Allow foreign investors to own US real estate

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