SSRN-Hedging Real-Estate Risk by Frank Fabozzi, Robert Shiller, Radu Tunaru

SSRN-Hedging Real-Estate Risk by Frank Fabozzi, Robert Shiller, Radu Tunaru: "Real-estate assets represent more than one-third of the value of all the underlying physical capital in the United States and the world. The relationship between the level of interest rates and housing prices does not always follow one direction and a shock event in one market may trigger deep repercussions in the other