IDEAS home Printed from https://ideas.repec.org/a/taf/repmxx/v9y2003i3p205-218.html
   My bibliography  Save this article

Isolating Important Driving Forces in Indirect Real Estate Markets

Author

Listed:
  • Wilson Patrick
  • Zurbruegg Ralf

Abstract

Executive Summary. Isolating the important driving factors in property markets is of continuing interest to both property analysts and fund managers. Ascertaining permanent driving factors may be of interest to strategic asset allocation while transitory factors may be of interest in the development of tactical asset allocation models. This study uses established methodologies to decompose driving factors affecting indirect property markets in Australia into their permanent and transitory components, paying attention to the impact of structural breaks. Various restrictions on the long-run cointegration matrix are also applied to identify those variables that may be considered drivers of property markets.

Suggested Citation

  • Wilson Patrick & Zurbruegg Ralf, 2003. "Isolating Important Driving Forces in Indirect Real Estate Markets," Journal of Real Estate Portfolio Management, Taylor & Francis Journals, vol. 9(3), pages 205-218, January.
    • Handle: RePEc:taf:repmxx:v:9:y:2003:i:3:p:205-218
    DOI: 10.1080/10835547.2003.12089688
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2003.12089688
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2003.12089688?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:9:y:2003:i:3:p:205-218. 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.