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Investors: are they rational?

By: Contributor(s): Series: Estates Gazette ; (0335) 30 August 2003, 57-58(2)Publication details: 2003Subject(s): Summary: Examines why two closely related leading investment indices have been diverging for five years. Between the last quarter of 1998 and the second quarter of 2003, the IPD Monthly Index showed the value of standard shops grew by 9%. Over the same period the Jones Lang LaSalle/IPD/ARAS (Auction Results Analysis System) Property Price Index revealed retail property prices increasing by 43%. Discusses how this has happened and whether the divergence will continue.
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Journal article London Journal article ABS67045 (Browse shelf(Opens below)) 1 Available 123621-1001

Examines why two closely related leading investment indices have been diverging for five years. Between the last quarter of 1998 and the second quarter of 2003, the IPD Monthly Index showed the value of standard shops grew by 9%. Over the same period the Jones Lang LaSalle/IPD/ARAS (Auction Results Analysis System) Property Price Index revealed retail property prices increasing by 43%. Discusses how this has happened and whether the divergence will continue.