Tsai, I‐Chun; Chen, Ming‐Chi - In: Property Management 27 (2009) 2, pp. 80-90
Purpose – The purpose of this paper is to show an indication that the asymmetric volatility between house price movement may account for the defensiveness of the housing market. Design/methodology/approach – First the UK nation‐wide house price data from the last quarter (Q4) of 1955 to...