Do real estate investment companies profit from house price growth? Evidence from Portugal

Date

2024-06-19

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Coadvisor

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Emerald
Language
English

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Abstract

This study aims to study the sensitivity of nonlisted real estate investment companies’ accounting earnings to house prices. This study evaluates whether house price changes determined these companies’ return on equity (ROE) or if other factors influenced the industry’s profitability beyond house price growth.

Keywords

House prices, ROE, Real estate investment companies, CCR, CCE-MG

Document Type

Journal article

Citation

Cunha, A. M., Borges, A. P., & Ferreira, M. (2024). Do real estate investment companies profit from house price growth? Evidence from Portugal. International Journal of Housing Markets and Analysis, 17(4), 1019-1033. https://doi.org/10.1108/IJHMA-01-2023-0007. Repositório Institucional UPT. https://hdl.handle.net/11328/6340

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