Nguyen, Binh Thi Thanh - In: International Journal of Housing Markets and Analysis 16 (2022) 6, pp. 1071-1088
Purpose This paper aims to test the hedging ability of housing investment against inflation in Japan and the USA during … housing market in Japan and the USA, investors are compensated for bearing from inflation. This result is consistent with … Fisher’s hypothesis. Especially, the empirical results show that the risk-return tradeoff is available in Japan’s housing …