The move to floating exchange rates: prospects for inflation and the implications for property values

Abstract

Considers the implications of the return to floating exchange rates for future inflation. Analyses changes in investment yields in conventional and index‐linked bond markets in order to estimate changes in the inflation forecasts of investors and real yields required by investors. Applies forecasts to commercial property markets to ascertain possible long run effects on the property market of movements in other markets. Concludes that information from other markets can be used in the analysis of property investment.

Citation

Booth, P.M. (1993), "The move to floating exchange rates: prospects for inflation and the implications for property values", Journal of Property Finance, Vol. 4 No. 3. https://doi.org/10.1108/09588689310048614