The single family home in the investment portfolio |
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| Authors: | William Nelson Goetzmann |
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| Institution: | (1) Columbia University Graduate School of Business, Columbia University, 10027 New York, NY |
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| Abstract: | This article uses recent measures of the risk and return to investment in housing to estimate the effects of including a single family home in the investor portolio. We estimate the expected return and standard deviation of that return, as well as its correlation with other major investment classes. |
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| Keywords: | Housing risk return repeat-sales |
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