1987 and 2009 have displayed asset market properties in terms of both risk-return relationships and asymmetric adjustment …-samples suggests that over the last twenty years the financial sector has increasingly failed to account for the levels of risk …

over time, even for long holding periods, so that yield risk becomes an increasingly important component of property …-level risk for longer investment horizons …

returns and discusses the relation between real estate return and risk. We review the role of real estate in household …

This paper outlines and applies a methodology for estimating and examining the variation in risk and return for … individual homes. This is important because most households own individual properties and the risk and return profile of each of … and much lower risk. This gave them a far superior Sharpe ratio. Moreover, while we find that shares benefit to a greater …