About this document
Impact of Transaction Costs on Real Estate Returns by Aina Kehinde is a document available to read on EtoBox.
This paper develops a model to demonstrate how transaction costs affect the measurement of returns on real estate investments, revealing that ignoring these costs can lead to an overstatement of risk-adjusted returns. The authors argue that the perceived superiority of real estate over corporate or government securities may be partially due to the failure to account for transaction costs, which can range from 6% to 10% of a property
- Author
- Aina Kehinde
- Language
- EN