IDEAS home Printed from https://ideas.repec.org/a/bla/reesec/v12y1984i4p521-541.html
   My bibliography  Save this article

Analysis of the Characteristics of Individual Investors in Real Estate Securities and Income-Producing Property

Author

Listed:
  • Rajendra K. Srivastava
  • Hans R. Isakson
  • Linda Price
  • Thomas H. McInish

Abstract

Analysis of the responses to a nationwide survey of investors demonstrates that individuals who invest in real estate differ in a predictable way from those who invest in assets other than real estate. Two types of real estate investment vehicles are studied: income-producing (rental) property and real estate securities. A multiple group discriminant analysis model is presented which successfully classifies prospective investors into four groups (owners of income property only, real estate securities only, both, neither) with a predictive accuracy more than double the chance probability of correct classification. The results provide insights useful in policy analysis and the design and marketing of real estate investments. Copyright American Real Estate and Urban Economics Association.

Suggested Citation

  • Rajendra K. Srivastava & Hans R. Isakson & Linda Price & Thomas H. McInish, 1984. "Analysis of the Characteristics of Individual Investors in Real Estate Securities and Income-Producing Property," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 12(4), pages 521-541.
  • Handle: RePEc:bla:reesec:v:12:y:1984:i:4:p:521-541
    as

    Download full text from publisher

    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/1540-6229.00336
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:reesec:v:12:y:1984:i:4:p:521-541. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley Content Delivery). General contact details of provider: http://edirc.repec.org/data/areueea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.