Introduction for REAL—Maastricht-MIT Special Issue

Introduction for REAL—Maastricht-MIT Special Issue J Real Estate Finan Econ (2010) 41:1–2 DOI 10.1007/s11146-010-9238-3 Piet Eichholtz & David Geltner & Seow Eng Ong Published online: 27 February 2010 Springer Science+Business Media, LLC 2010 The 2008 Maastricht-MIT-NUS property Investment Symposium was held in Maastricht at December 17–19 in Chateau St. Gerlach. In all, eight papers were selected for presentation at the conference, and after the review process four papers were accepted for publication in this special issue. In their paper “Housing Price Dynamics in Time and Space: Predictability, Liquidity and Investor Returns”, Min Hwang and John Quigley explore the predictability of housing returns at the aggregated level and at the level of the individual dwelling, using a database covering all condominium sales in Singapore over an 11 year period. For this, they estimate a repeat sales house price index in an innovative way, based on the notion that individual house prices may be predictable in time and space, but not at the aggregate level. Traditional repeat sales house price indices assume that individual house prices follow a random walk, are uncorrelated in space, and generally suggest that aggregate housing returns are predictable. Hwang and Quigley assume that individual house price errors are correlated in time The Journal of Real Estate Finance and Economics Springer Journals

Introduction for REAL—Maastricht-MIT Special Issue

Loading next page...
Springer US
Copyright © 2010 by Springer Science+Business Media, LLC
Economics; Regional/Spatial Science; Financial Services
Publisher site
See Article on Publisher Site


You’re reading a free preview. Subscribe to read the entire article.

DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

Monthly Plan

  • Read unlimited articles
  • Personalized recommendations
  • No expiration
  • Print 20 pages per month
  • 20% off on PDF purchases
  • Organize your research
  • Get updates on your journals and topic searches


Start Free Trial

14-day Free Trial

Best Deal — 39% off

Annual Plan

  • All the features of the Professional Plan, but for 39% off!
  • Billed annually
  • No expiration
  • For the normal price of 10 articles elsewhere, you get one full year of unlimited access to articles.



billed annually
Start Free Trial

14-day Free Trial