Inflation Risk Analysis of European Real Estate Securities
نویسندگان
چکیده
منابع مشابه
Property Derivatives for Managing European Real-estate Risk By
Although property markets represent a large proportion of total wealth in developed countries, the real-estate derivatives markets are still lagging behind in volume of trading and liquidity. Over the last few years there has been increased activity in developing derivative instruments that can be utilised by asset managers. In this paper, we discuss the problems encountered when using property...
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Although property markets represent a large proportion of total wealth in developed countries, the real-estate derivatives markets are still lagging behind in volume of trading and liquidity. Over the last few years there has been increased activity in developing derivative instruments that can be utilised by asset managers. In this paper, we discuss the problems encountered when using property...
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In the United States, but not in Canada, nominal interest on residential housing mortgages is a deductible expense for the personal income tax. This suggests that changes in nominal interest rates could conceivably have differing impacts on real estate values in the two countries. The inflation component of nominal interest should have a negative impact on Canadian real estate, but its effect s...
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ژورنال
عنوان ژورنال: Journal of Real Estate Research
سال: 2002
ISSN: 0896-5803,2691-1175
DOI: 10.1080/10835547.2002.12091089