Healthcare is essential to daily life, right after food, shelter, and water -- maybe alongside them. It's also a very large business. Healthcare spending now accounts for around 20% of the U.S. economy, and about one in eight U.S. citizens are employed in the industry.
If the much-expected recession arrives, it will hurt many businesses, and healthcare providers won't be immune. But they still have to pay the rent, making real estate investment trusts (REITs) a good candidate for recession-resistant market picks.
Along with the obligation to pay 90% of their taxable income out as dividends, healthcare REITs reap the rewards of being the landlords to a wide array of essential providers of critical services -- from urgent care to hospitals to nursing homes. Here are some to consider.
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