标题: Leverage in Real Estate [打印本页] 作者: franzino 时间: 2011-7-11 17:41 标题: Leverage in Real Estate
It says in Reading 73, page 211: "REIT indexes provide continuous market prices of REITs but not of the underlying real estate. Thus, they reflect the amount of leverage used in the REITs."
How does REITs not showing prices of the underlying real estate infer the amount of leverage used in the REITs? What's the relationship between these 2?
