《Information Frictions in Real Estate Markets: Recent Evidence and Issues》

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作者
Daniel Broxterman1 & Tingyu Zhou 
来源
JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS,Vol.volumes-and-issues,Issue66-2,P.
语言
英文
关键字
作者单位
摘要
This article reviews research on the economics of information in real estate. It covers equity investment in private and public markets and intermediation by brokers. The review shows how, by examining the nature and extent of information frictions in these important markets, research has improved our understanding of potential market failures and corrections which can improve market functioning.