Why Does Real Estate Have Idiosyncratic Risks?

Chris at Hauseit® (https://www.hauseit.com) explains why real estate has idiosyncratic risks that investors must keep in mind when comparing different asset classes.

Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014.
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Real estate by definition carries idiosyncratic risks due to the nature of individual properties each having unique characteristics, tenant profiles etc.

While some institutional investors have tried to play down these risks due to the accumulation of large amounts of properties (i.e. comparing houses to snow, individually they are very different by in aggregate they look like a white mass of snow).

We think this view is naïve given the fact that real estate also carries massive jurisdiction and legal risks. Real estate investors are at the mercy of the prevailing sentiment, and their local, state and even Federal representatives.

What other asset class carries the risk of eviction moratoriums, rent control, good cause eviction laws etc.?

We explore this mystery and explain further in the following video.
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Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: [email protected]
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