Housing Returns and the Emergence of the Safe Asset, 1465–2024 | Hoover Institution

Hoover Institution · 2024-11-24

Explores how housing returns evolved into a safer asset over centuries, linking history to modern asset pricing.

HousingPanelexpertasset pricinghousing financehousing returnslong run historical datarisk free ratesafe assetPaul SchmelzingJohn TaylorAnnelise Anderson

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