IDEAS home Printed from https://ideas.repec.org/a/taf/repmxx/v11y2005i2p93-104.html
   My bibliography  Save this article

Private Investor Holding Period

Author

Listed:
  • Roger Brown
  • Tom Geurts

Abstract

Executive Summary. This study analyzes the tenure choice of investors dealing with small residential investment properties. Employing a unique dataset drawn from sales of apartment buildings of between 5 and 20 units over a 21-year period from 1970 to 1990 in the city of San Diego, it is found that the average holding period is just under five years. Also, it appears that few, if any, property characteristics influence the holding period but that frequency of turnover of specific properties is a function of these characteristics. Finally, the data leads to the interesting conclusion that investors hold property shorter when its value is rising faster than its rent.

Suggested Citation

  • Roger Brown & Tom Geurts, 2005. "Private Investor Holding Period," Journal of Real Estate Portfolio Management, Taylor & Francis Journals, vol. 11(2), pages 93-104, January.
    • Handle: RePEc:taf:repmxx:v:11:y:2005:i:2:p:93-104
    DOI: 10.1080/10835547.2005.12089716
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2005.12089716
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2005.12089716?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:repmxx:v:11:y:2005:i:2:p:93-104. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/repm20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.