Does illiquidity matter in residential properties?
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DOI: 10.1080/00036846.2016.1189506
Abstract: ABSTRACT No, it does not, despite the general perception that illiquidity matters in real estate. As expected, our evidence shows that the illiquidity costs for the U.S. residential properties are large. The costs are equivalent… read more here.
Keywords: quality; illiquidity matter; residential properties; matter residential ... See more keywords