Now showing items 1-1 of 1

    • The Rate of Return on Real Estate: Long-Run Micro-Level Evidence 

      Chambers, David; Spaenjers, Christian; Steiner, Eva (2019-06-01)
      We provide evidence that direct real estate investments are less profitable and more risky in the long run than previously thought. We hand-collect property-level data on realized income, expenses, and transaction prices ...