turn affect rent. By extending the theory of investment under uncertainty, we model the renter's decision to buy a house …

discretionary as in dividends on stocks. Housing price uncertainty can affect household property investment, which in turn affects … rent. By extending the theory of investment under uncertainty, we model the renter's decision to buy a house and the …

dedicated employees impact performance and returns. The present focus is capital investment conditioned on location (land) and … management. Using a sample of U.S. equity real estate investment trusts (REITs) from 1995-2018, REITs with higher allocations of … building capital investment contributes more than half of a REIT’s output, which suggests that building capital plays a …