PT - JOURNAL ARTICLE AU - Katsiaryna Salavei Bardos AU - Nataliya Zaiats TI - Measuring Residential Real Estate Risk and Return AID - 10.3905/jwm.2011.14.3.073 DP - 2011 Oct 31 TA - The Journal of Wealth Management PG - 73--83 VI - 14 IP - 3 4099 - https://pm-research.com/content/14/3/73.short 4100 - https://pm-research.com/content/14/3/73.full AB - This article explains how common misconceptions about residential real estate returns contribute to unrealistic expectations about house price appreciation. The article evaluates several comprehensive ways of computing residential real estate returns and discusses the relation between real estate return and risk. We review the role of real estate in household portfolios, the overall economy, and the financial crisis and discuss why decline in the real estate market imposes economy-wide risks.TOPICS: Real estate, risk management, performance measurement, financial crises and financial market history