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Course Overview Note
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2011
(Revised from original 2005 version)
Conceptual Overview of Real Property
by
Arthur I Segel and Ann Winslow
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Abstract
Real estate represents the largest asset class in the world. Businesses in the United States have over $8.6 trillion of real estate assets on their balance sheets. Excluding housing--worth $16 trillion in the United States--and corporate-owned real estate, there is another $4.7 trillion in commercial property alone. Real estate is also a huge source of personal wealth, and the liquidity of that wealth is an essential driver of economic growth in the United States.
Keywords: Property;
Citation:
Segel, Arthur I., and Ann Winslow. "Conceptual Overview of Real Property." Harvard Business School Course Overview Note 205-072, May 2011. (Revised from original March 2005 version.)