Towards Indices of Real Estate Value and Return

Authors

  • JAMES W. HOAG

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    • Graduate School of Business Administration, University of California, Berkeley. Financial support for this research from Wells Fargo Bank and First National Bank of Chicago is gratefully acknowledged. The author appreciates the support of and very helpful discussions with William F. Sharpe and Barr Rosenberg. Of course, the sponsors and my colleagues are resolved of responsibility for the conclusions presented herein.

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