volume 10, issue 1, P62-73 2004
DOI: 10.1017/s1357321700004542
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Abstract: There is a similar dearth of treatment of real estate finance in the actuarial literature throughout the rest of the world. So, the purpose of our paper is to lay the foundation stones for the study of real estate performance measurement and modelling, and to move the subject forward, in the hope that others will do further research.A thorough understanding of real estate indices, their weaknesses and methods of addressing those weaknesses, are necessary if real estate data are going to be used for effective …

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