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Real Estate

In: A Theory of Hedge Investment

Author

Listed:
  • Brendan Brown

Abstract

Real estate is regarded commonly as an inflation hedge. We have all heard how ‘bricks and mortar’ retain value in an age of fast-depreciating paper monies. In the present chapter, the inflation-hedge function, together with other possible hedge functions of real estate, are examined. Different types of real estate — residential, commercial, and agricultural — are distinguished, which are in turn further subdivided according to quality.

Suggested Citation

  • Brendan Brown, 1982. "Real Estate," Palgrave Macmillan Books, in: A Theory of Hedge Investment, chapter 5, pages 89-110, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-06103-7_5
    DOI: 10.1007/978-1-349-06103-7_5
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