Essays on the Impact of Sentiment on Real Estate Investments

Essays on the Impact of Sentiment on Real Estate Investments

Author: Anna Mathieu

Publisher: Springer

Published: 2015-11-05

Total Pages: 133

ISBN-13: 3658116374

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Anna Mathieu clarifies if real estate decisions are affected by investor and consumer sentiment and how severely the sentiment should be considered. With regard to international capital markets Mathieu conducts an analysis of the impact of investor sentiment on the return of the real estate-specific investment vehicle “Real Estate Investment Trust (REIT)” by applying a GARCH-Model. She investigates the effects of investor sentiment on the return and the underlying volatilities of REITs and Non-REITs during the financial crisis. The hypotheses are tested for validity in a GARCH-Model. Parallel to capital markets and thereby in changing from an indirect Real Estate investment perspective to a direct perspective the author conducts an analysis if consumer sentiment impacts the household decision to buy a new home in the US. Therefore a dataset with 385 monthly observations from 1978 to 2010 is tested by a component model.


The Essayist: Reflections from a Real Estate Survivor

The Essayist: Reflections from a Real Estate Survivor

Author: D. Sidney Potter

Publisher: AuthorHouse

Published: 2017-01-16

Total Pages: 452

ISBN-13: 1504983939

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The pathos of the 2008 Great Recession had a fairly wide sweep, from minimum-wage busboys to newspaper heiresses like Veronica Hearst to Federal Reserve chair, Ben Bernanke, whose childhood home was lost as a result of a relative not making timely mortgage paymentswherein all mentioned experienced some type of economic pain, or at least embarrassment, related to the Great Recession. These episodes are captured in this book as a way to bring a slight degree of levity to this economic catastrophe but to also underscore a serious juncture in American social and political theory as well. Author D. Sidney Potter, once a prolific real estate investor in the early to late part of the real estate boom that lead to the bust, puts a spotlight on the real estate finance mortgage industry as once a lucrative insider to now as a disenfranchised member and erstwhile benefactor. The irony of having to make his living as a mortgage operations professional, who now examines the very mortgage financings that once bore his name, does not go past him. His unabrasive and sometimes crude essays examine the usual suspectsfrom bankster CEOs, nascent political movements, and professional legislators to the analytics of mortgage products that resulted in the self-inflicted implosion. Mr. Potters collection of essays acts as a self-entombed time capsule that should be taken as a testimony of fact, not fiction.


Essays in Honor of James A. Graaskamp: Ten Years After

Essays in Honor of James A. Graaskamp: Ten Years After

Author: James R. DeLisle

Publisher: Springer

Published: 2012-10-26

Total Pages: 0

ISBN-13: 9781461356868

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As the title indicates, Essays in Honor of James A. Graaskamp: Ten Years After, is a collection of essays written to honor Graaskamp's major contributions to the field of real estate education and practice over the course of three decades. Upon his death in 1988, the industry lost a major influence for advancing the real estate discipline, both as an academic field and a professional field. The authors in this volume seek to extend Graaskamp's contributions and move the real estate discipline forward. The papers address the challenges posed by the market to return our attention to real estate fundamentals, and to strike a proper balance between Main Street and Wall Street. The authors and editors hope that this book will influence the industry to incorporate many of Grasskamp's ideas into mainstream real estate education and practice. Over the course of his career, Graaskamp made many noteworthy contributions to real estate theory and practice, ideas that if resurrected could offset some of the pressure in the industry to move away from market fundamentals. The authors try to capture the essence of Graaskamp's messages, and intend that the papers serve as a point of departure for discussing the future role and nature of real estate education. Part I focuses on the major contributions to the real estate discipline made by Graaskamp and the Wisconsin Real Estate Program. Part II contains some personal recollections and photos of Graaskamp, and also a summary of the groups that make up the Wisconsin Real Estate Program, a major co-sponsor of this volume. The rest of the book's three main parts are structured around major topics that reflect the multidisciplinary nature of real estate as espoused by Graaskamp. Part III treats real estate feasibility and development, Part IV concentrates on real estate valuation, and Part V discusses institutional economics.