The Attractiveness of Investments in Residential Real Estate Compared to other Investment Directions in the Financial Market
The Attractiveness of Investments in Residential Real Estate Compared to other Investment Directions in the Financial Market
Author(s): Rafał Wolski, Magdalena ZałęcznaSubject(s): Business Economy / Management, Economic development, Financial Markets
Published by: Fundacja Uniwersytetu Ekonomicznego w Krakowie
Keywords: residential market; investment; ANOVA; Poland; recommodification;
Summary/Abstract: Purpose – verification of the attractiveness of residential investments concerning other investments in the financial market. A research hypothesis was formulated: such investments are characterized by higher average rates of return and a more favorable risk-to-return ratio than other investments in the financial market. Design/methodology/approach – critical analysis of the literature, descriptive and statistical analysis of the equality of means ANOVA with the study of the relationship of the rates of return and risk measured by standard deviation. Findings – the research hypothesis was verified negatively. Research limitations – first of all, the research was conducted on historical data. The risk varies over time, and the obtained results cannot be used as a basis for assessing the future. Research implications – the Polish financial market is getting closer to mature markets with its development. New analytical tools are emerging that enable more extensive analyzes.
Journal: Świat Nieruchomości
- Issue Year: 2/2021
- Issue No: 116
- Page Range: 46-60
- Page Count: 15
- Language: English