Real Estate Investment Market.


Sofia M. Lombardi
Bok Engelsk 2009 · Electronic books.
Omfang
1 online resource (203 pages)
Utgave
1st ed.
Opplysninger
Intro -- REAL ESTATE INVESTMENT MARKET -- REAL ESTATE INVESTMENT MARKET -- LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA -- CONTENTS -- PREFACE -- Chapter 1 ADDRESSING THE ONGOING CRISIS IN THE HOUSING AND FINANCIAL MARKETS -- THE ECONOMY'S CONTINUING FINANCIAL PROBLEMS -- THE NEED FOR A MULTIFACETED STRATEGY TO ADDRESS THE FINANCIAL CRISIS -- Principles for Crafting a Strategy -- Evidence from Other Crises -- Possible Elements of a Rescue Strategy -- Inject more equity into financial institutions -- Address troubled assets -- Provide credit directly -- Assist troubled businesses and governments -- Promoting Actions to Lessen the Number of Mortgage Foreclosures -- THE BUDGETARY COSTS OF THE FINANCIAL RESCUE -- Costs to the Taxpayer -- The Federal Reserve -- The Troubled Asset Relief Program -- Purchases of Mortgage-Backed Securities -- Fannie Mae and Freddie Mac -- Other Agencies -- Differences between CBO and the Administration in the Treatment of Policy Actions in the Budget -- The Troubled Asset Relief Program -- Fannie Mae and Freddie Mac -- Chapter 2 VALUE VERSUS GROWTH REAL ESTATE INVESTMENT STRATEGY: IS THE WIN A FLASH IN THE PAN? -- ABSTRACT -- INTRODUCTION -- LITERATURE REVIEW -- Rationale for Superior Performance of Contrarian Strategies -- DATA SOURCING AND MANAGEMENT -- THE CONTRARIAN STRATEGY MODEL -- Performance in 'Bad' States of the World -- STOCHASTIC DOMINANCE -- Stochastic Dominance Criteria -- EMPIRICAL MODEL ESTIMATION - A TEST OF THE EXTRAPOLATION MODEL -- Variance Ratio Test -- Performance of the Contrarian Strategy -- Is The Superior Performance of Contrarian Strategy a Compensation for Higher Risk? -- POST-MODEL ESTIMATION - A TEST OF THE EXTRAPOLATION MODEL -- Variance Ratio Test -- CONCLUSION -- REFERENCES.. - Arguments Concerning Customers (Consumers/Businesses) -- Favoring the Proposal -- Opposing the Proposal -- DEVELOPMENTS AND LEGISLATION -- 2003 -- 2004 -- 2005 -- 2006 -- 2007 -- Chapter 10 EMERGING ECONOMIES AND SECONDARY MORTGAGE MARKETS -- ABSTRACT -- INTRODUCTION -- PARAMETERS OF A GOOD HOUSING FINANCE SYSTEM -- CONCLUSION -- REFERENCES -- CHAPTER SOURCES -- INDEX.. - Chapter 3 RESTRUCTURING REAL ESTATE MARKET INFORMATION MANAGEMENT TO FACILITATE LAND-BASED INVESTMENT ACTIVITIES IN GHANA -- ABSTRACT -- INTRODUCTION -- TYPES OF LAND REGISTRATION SYSTEMS -- REAL ESTATE OWNERSHIP INFORMATION SYSTEMS IN GHANA -- RESEARCH METHODOLOGY -- PRESENTATION OF DATA AND DISCUSSION -- Delays -- The Policy Induced Asymmetry -- The Costs of Real Estate Documentation Requests -- The Costs of Servicing Documentation Requests -- The Budget Share -- The Size of the Personnel Roster -- IMPLICATIONS -- CONCLUSION -- REFERENCES -- Chapter 4 INVESTMENT CHARACTERISTICS OF HOUSING MARKET: FOCUSING ON THE STICKINESS OF HOUSING RENT -- ABSTRACT -- 1. BACKGROUND TO REAL-ESTATE INVESTMENT MARKET -- 2. CHARACTERISTICS OF HOUSING MARKET -- 2.1. Investment Characteristics of Housing Market -- 2.2. Statistical Characteristics of Housing Market -- 3. MACROSCALE CHANGES IN HOUSING RENT AND HOUSE PRICES AND THE STICKINESS OF HOUSING RENT -- 3.1. Macroscale Changes in House Prices, Housing Rent, and CPI Housing Rent -- 3.2. Mechanism of Changes in Housing Rent -- 3.3. Frequency of Adjustments and Stickiness of Housing Rent -- 4. IMPLICATIONS FOR HOUSING INVESTMENT MARKET -- Conclusion 1. Inflation Hedge Function -- Conclusion 2. Relationship with Interest Rate Risk -- Conclusion 3. Stability of Housing Rent -- Conclusion 4. Problem Associated with Depreciation with age of Building -- Conclusion 5. Problem Associated with Adjustment of Rent -- Conclusion 6. Independence of Economic Environment -- REFERENCES -- Chapter 5 FANNIE MAE AND FREDDIE MAC: CHANGES TO THE REGULATION OF THEIR MORTGAGE PORTFOLIOS -- SUMMARY -- BACKGROUND -- GSE RISKS -- THE ROLE OF PORTFOLIOS UNDER CONSERVATORSHIP -- GSE MORTGAGE PORTFOLIOS -- Linking Limits to Subprime Refinances -- Loans Related to a Public Policy Goal -- Risk Elements -- CONCLUSION.. - Chapter 6 OVERVIEW OF THE SECURITIES ACT OF 1933 AS APPLIED TO PRIVATE LABEL MORTGAGE-BACKED SECURITIES -- SUMMARY -- INTRODUCTION -- SECURITIES ACT REGISTRATION FOR PRIVATE LABEL MORTGAGE-BACKED SECURITIES -- The Registration Statement for Private Label MBSs -- Shelf-Registration -- Regulation AB -- Exemptions -- Private Placement Offerings (Regulation D) -- Rule 504 -- Rule 505 -- Rule 506 -- Section 4(6) of the Securities Act -- Rule 144A -- Section 28 -- PRIVATE RIGHTS OF ACTION UNDER THE SECURITIES ACT -- Section 11 Civil Liability for a False Registration Statement -- MBS Suits -- Defenses -- Section 12 Civil Liability Arising in Connection with Prospectuses and Communications -- Section 12(a)(1) -- Section 12(a)(2) -- MBS Suits -- Section 15 Liability of Controlling Persons -- SEC ENFORCEMENT OF THE SECURITIES ACT -- Chapter 7 EXAMINING THE CONTINUING CRISIS IN RESIDENTIAL FORECLOSURES AND THE EMERGING COMMERCIAL REAL ESTATE CRISIS: PERSPECTIVES FROM ATLANTA -- BACKGROUND -- CONDITIONS IN FINANCIAL MARKETS AND THE ECONOMY -- PERFORMANCE OF THE BANKING SYSTEM -- CURRENT CONDITIONS IN COMMERCIAL REAL ESTATE MARKETS -- FEDERAL RESERVE ACTIVITIES TO HELP REVITALIZE CREDIT MARKETS -- AVAILABILITY OF CREDIT -- CONCLUSION -- Chapter 8 SHORT COMMUNICATION: DIVERSIFICATION IN LISTED REAL ESTATE INVESTMENT FUND REPORTING IN SOUTH AFRICA -- ABSTRACT -- INTRODUCTION -- DIVERSIFICATION LOGIC -- DIVERSIFICATION CATEGORIES IN ANNUAL REPORTS -- FOCUS AS AN ALTERNATIVE TO DIVERSIFICATION -- CONCLUSION -- REFERENCES -- Chapter 9 SHOULD BANKING POWERS EXPAND INTO REAL ESTATE BROKERAGE AND MANAGEMENT? -- ABSTRACT -- SUMMARY -- FRAMEWORK OF LEGISLATION AND REGULATION -- PROPOSED BROKERAGE AND MANAGEMENT REGULATION -- Arguments Concerning the Nature of the Industries -- Favoring the Proposal -- Opposing the Proposal.
Emner
Sjanger
Dewey
ISBN
9781617283437
ISBN(galt)

Bibliotek som har denne