The Strengths and Limitations of Risk Measures in Real Estate: A Review
The purpose of this paper is to provide a brief overview of the concept of risk measures that used in real estate with a particular emphasis on the merits and drawbacks of these risk measures. The findingrevealsthateachriskmeasurehas its distinctions and limitations. The findinghasafar-reachingimpli...
Saved in:
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
CRES, FKSG
2006
|
Subjects: | |
Online Access: | http://eprints.utm.my/id/eprint/543/1/68-74.pdf http://eprints.utm.my/id/eprint/543/ |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Summary: | The purpose of this paper is to provide a brief overview of the concept of risk measures that used in real estate with a particular emphasis on the merits and drawbacks of these risk measures. The findingrevealsthateachriskmeasurehas its distinctions and limitations. The findinghasafar-reachingimplicationtoinvestors,particularly,institutionalinvestors, which they should conscious with the advantages and disadvantages of these risk measures in order to determine the most apt risk measure in formulating desirable risk investment strategy. |
---|