This study investigates the potential for farmland to improve mixed-asset portfolio efficiency. Three major conclusions are drawn from the research. First, in a world with certainty, farmland can be shown to statistically improve mixed-asset portfolio efficiency. Second, with the introduction of...

Recent market segmentation research has begun to delve into the issue of whether traditional property type categories are sufficiently homogeneous to be modeled as aggregate real estate markets. This paper extends the research on rental-property market segmentation by investigating the existence...