Seldin on Change: A Strategy for Using Leverage

Fall/Winter 1981, Vol 6, No 2

Abstract: Investors in the ’80s who don’t prepare for downside risk in real estate investment are in for trouble. Besides keeping substantial liquid assets, investors need to diversify the real estate portfolio not only by the type and location of the property but by leverage. The strategy of using leverage to capture the gain from increasing inflation while considering the downside risk is discussed.