Tsai, I‐Chun; Chen, Ming‐Chi - In: Property Management 27 (2009) 2, pp. 80-90
estate prices, few of those papers have noted one of the most important advantages of the housing market, its defensiveness … movement may account for the defensiveness of the housing market. Design/methodology/approach – First the UK nation‐wide house … variance equations to estimate the conditional heteroscedasticity volatilities of the returns of house prices are selected …