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Information Frictions in Real Estate Markets: Recent Evidence and Issues

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 o...

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Detalles Bibliográficos
Autores principales: Broxterman, Daniel, Zhou, Tingyu
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9344229/
http://dx.doi.org/10.1007/s11146-022-09918-9
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author Broxterman, Daniel
Zhou, Tingyu
author_facet Broxterman, Daniel
Zhou, Tingyu
author_sort Broxterman, Daniel
collection PubMed
description 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.
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spelling pubmed-93442292022-08-02 Information Frictions in Real Estate Markets: Recent Evidence and Issues Broxterman, Daniel Zhou, Tingyu J Real Estate Finan Econ Article 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. Springer US 2022-08-02 2023 /pmc/articles/PMC9344229/ http://dx.doi.org/10.1007/s11146-022-09918-9 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2022, corrected publication 2022Springer Nature or its licensor holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Article
Broxterman, Daniel
Zhou, Tingyu
Information Frictions in Real Estate Markets: Recent Evidence and Issues
title Information Frictions in Real Estate Markets: Recent Evidence and Issues
title_full Information Frictions in Real Estate Markets: Recent Evidence and Issues
title_fullStr Information Frictions in Real Estate Markets: Recent Evidence and Issues
title_full_unstemmed Information Frictions in Real Estate Markets: Recent Evidence and Issues
title_short Information Frictions in Real Estate Markets: Recent Evidence and Issues
title_sort information frictions in real estate markets: recent evidence and issues
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9344229/
http://dx.doi.org/10.1007/s11146-022-09918-9
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