Real Estate Income and Relocation

Authors

  • Peter Chinloy American University, Washington, DC 20006.

DOI:

https://doi.org/10.1016/1057-0810(91)90007-L

Abstract

This paper looks at the decision relationship between two major assets of the individual, residential real estate and human capital, the ability to generate income from labor. Empirical results indicate that labor income is not sufficient for defining income within the utility fiction; real estate income must also be included. The derision to relocate must be made after considering both the return and risk in the area’s residential real estate as well as the potential income from salaries.

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Published

1991-06-30

How to Cite

Chinloy, P. (1991). Real Estate Income and Relocation. Financial Services Review: The Journal of Individual Financial Management, 1(1), 45–59. https://doi.org/10.1016/1057-0810(91)90007-L

Issue

Section

New Original Submission