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    Chapter 7 Real Estate As An Investment

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    hatanolove
    Real estate can be a viable investment option for those seeking to achieve different objectives such as long-term growth or regular income. Investors must consider their constraints like risk tolerance, need for liquidity, time horizon, and expertise when choosing real estate or other asset classes. Real estate investments provide exposure to directly productive physical properties and come in various vehicles that offer claims on underlying real assets. Common investment options include cash, stocks, bonds, and real estate.

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    Chapter 7 Real Estate As An Investment

    Uploaded by

    hatanolove
    22 views2 pages
    Real estate can be a viable investment option for those seeking to achieve different objectives such as long-term growth or regular income. Investors must consider their constraints like risk tolerance, need for liquidity, time horizon, and expertise when choosing real estate or other asset classes. Real estate investments provide exposure to directly productive physical properties and come in various vehicles that offer claims on underlying real assets. Common investment options include cash, stocks, bonds, and real estate.

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    Real estate can be a viable investment option for those seeking to achieve different objectives such as long-term growth or regular income. Investors must consider their constraints like risk tolerance, need for liquidity, time horizon, and expertise when choosing real estate or other asset classes. Real estate investments provide exposure to directly productive physical properties and come in various vehicles that offer claims on underlying real assets. Common investment options include cash, stocks, bonds, and real estate.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    22 views2 pages

    Chapter 7 Real Estate As An Investment

    Uploaded by

    hatanolove
    Real estate can be a viable investment option for those seeking to achieve different objectives such as long-term growth or regular income. Investors must consider their constraints like risk tolerance, need for liquidity, time horizon, and expertise when choosing real estate or other asset classes. Real estate investments provide exposure to directly productive physical properties and come in various vehicles that offer claims on underlying real assets. Common investment options include cash, stocks, bonds, and real estate.

    Copyright:

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    Download as DOC, PDF, TXT or read online from Scribd
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    Chapter 7 Real estate as an investment

    Why do people invest?


    Implications of investor heterogeneity.
    Investor objectives and constraints:
    1. Objectives
    • The growth objective (Savings): Relatively long-term
    horizon and less immediate need for cash.
    • The income objective (Current cash flow): Short-term &
    on-going need for cash.
    2. Major constraints:
    • Risk
    • Liquidity
    • Time horizon
    • Investor expertise and management burden
    • Size
    • Capital constraint
    General structure of investment product and vehicles
    1. Underlying assets – directly productive physical
    capital.
    2. Investment products and/or vehicles – Have direct or
    indirect claims on the underlying physical assets.
    Major investment asset classes
    1. Cash
    2. Stocks
    3. Bonds
    4. Real estate
    Historical investment performance

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