Property and inflation
Miles, D.
Property and inflation - 1996 - Journal of Property Finance 7(1) 1996, 21-32(7) .
Reviews the evidence on the inflation-hedging characteristics of UK commercial property as an asset class. That evidence suggests that commercial property is a very imperfect hedge against unanticipated inflation. Furthermore, the returns have been substantially lower than on equities and residential property. Describes and considers new financial contracts which might allow investors to gain exposure to movements in house price without becoming landlords. References. (Journal abstract)
PROPERTY-COMMERCIAL PROPERTY
HEDGING METHODS
INFLATION
INVESTMENT PROPERTY
Property and inflation - 1996 - Journal of Property Finance 7(1) 1996, 21-32(7) .
Reviews the evidence on the inflation-hedging characteristics of UK commercial property as an asset class. That evidence suggests that commercial property is a very imperfect hedge against unanticipated inflation. Furthermore, the returns have been substantially lower than on equities and residential property. Describes and considers new financial contracts which might allow investors to gain exposure to movements in house price without becoming landlords. References. (Journal abstract)
PROPERTY-COMMERCIAL PROPERTY
HEDGING METHODS
INFLATION
INVESTMENT PROPERTY