Property and inflation
Language: English Series: Journal of Property Finance ; 7(1) 1996, 21-32(7)Publication details: 1996Subject(s): Summary: 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)| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS54719 (Browse shelf(Opens below)) | 1 | Available | 11953-1001 |
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)