Estimating the risk of inflation in property investments
Language: English Series: Journal of Property Investment and Finance ; 24(5) 2006, 452-461(10)Publication details: 2006Subject(s): Summary: Property returns are normally measured against the target rate for similar investments with comparable risks and liquidity. However, this analysis is normally undertaken in nominal terms and thus the risk of inflation as it affects different investments is not fully quantified. This article seeks to analyse the effect of inflation on property investments. Finds that investors may take a more pessimistic view of future inflation as an investment risk than the current official indices would indicate. It may be that retail price index and index adjusted for mortgage payments are not reliable indicators of inflation risk. [Taken from journal abstract].| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L134591 (Browse shelf(Opens below)) | 1 | Available | 134591-1001 |
Property returns are normally measured against the target rate for similar investments with comparable risks and liquidity. However, this analysis is normally undertaken in nominal terms and thus the risk of inflation as it affects different investments is not fully quantified. This article seeks to analyse the effect of inflation on property investments. Finds that investors may take a more pessimistic view of future inflation as an investment risk than the current official indices would indicate. It may be that retail price index and index adjusted for mortgage payments are not reliable indicators of inflation risk. [Taken from journal abstract].