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Description for Real Estate
Hardback. Series: Current Issues in Real Estate Finance and Economics. Num Pages: 316 pages, biography. BIC Classification: KFFR. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 229 x 152 x 22. Weight in Grams: 1480.
This book has evolved from an interest in formalizing theories of real es tate financing and investment. While real estate has characteristics of illi quidity and heterogeneity, recent developments have created markets for financial claims on property assets. These financial claims render real es tate similar to other assets. These financial claims render real estate similar to other assets. Yet real estate markets retain degrees of ineffi ciency, suggesting possibilities for arbitrage opportunities. Such possi bilities are examined in the book. If sellers are prohibited by statute from transferring existing financing to buyers, they tend to hold properties longer when ... Read more
This book has evolved from an interest in formalizing theories of real es tate financing and investment. While real estate has characteristics of illi quidity and heterogeneity, recent developments have created markets for financial claims on property assets. These financial claims render real es tate similar to other assets. These financial claims render real estate similar to other assets. Yet real estate markets retain degrees of ineffi ciency, suggesting possibilities for arbitrage opportunities. Such possi bilities are examined in the book. If sellers are prohibited by statute from transferring existing financing to buyers, they tend to hold properties longer when ... Read more
Product Details
Format
Hardback
Publication date
1988
Publisher
Kluwer Academic Publishers United States
Number of pages
316
Condition
New
Series
Current Issues in Real Estate Finance and Economics
Number of Pages
316
Place of Publication
, United States
ISBN
9780898382334
SKU
V9780898382334
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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