Contrasting Real Estate with Comparable Investments, 1978-2008

Posted: 21 May 2019

See all articles by Jack Clark Francis

Jack Clark Francis

Zicklin School of Business, Baruch College

Roger G. Ibbotson

Yale School of Management; Zebra Capital Management, LLC

Date Written: March 30, 2009

Abstract

Rates of return from residential, commercial and farm real estate in the U.S. from 1978 to 2008 inclusive are compiled. These real estate returns are contrasted with comparable stock, bond, and commodity investments, and with inflation. Recessions and other episodic events that are peculiar to each asset class are reviewed.

Keywords: Residential real estate, commercial real estate, farm real estate, securities, inflation

Suggested Citation

Francis, Jack Clark and Ibbotson, Roger G., Contrasting Real Estate with Comparable Investments, 1978-2008 (March 30, 2009). Journalof Portfolio Management, Vol. 35, No. 5, p. 141, 2009, https://doi.org/10.3905/JPM.2009.36.1.141, Available at SSRN: https://ssrn.com/abstract=2587433

Jack Clark Francis (Contact Author)

Zicklin School of Business, Baruch College ( email )

One Bernard Baruch Way
New York, NY 10010
United States
646-312-3462 (Phone)

Roger G. Ibbotson

Yale School of Management ( email )

165 Whitney Avenue
P.O. Box 208200
New Haven, CT 06520-8200
United States
203-432-6021 (Phone)
203-432-6970 (Fax)

Zebra Capital Management, LLC ( email )

2187 Atlantic Street
Stamford, CT 06902
United States
203 701 5900 (Phone)

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
651
PlumX Metrics