- CFA Exams
- CFA Exam: Level II 2021
- Study Session 15. Alternative Investments
- Reading 39. Private Real Estate Investments
- Subject 3. Private market real estate equity investments
CFA Practice Question
In the real estate market, longer holding periods are common and speculative trading is rarer than for stocks. This is mainly due to:
B. High transaction costs.
C. Management intensiveness.
A. Fixed location.
B. High transaction costs.
C. Management intensiveness.
Correct Answer: C
User Contributed Comments 4
| User | Comment |
|---|---|
| davidt87 | i think this should be B |
| khalifa92 | yeah this site is messed up. |
| CFAJ | agree |
| kingirm | Agree |