1. Please list the four causes for risk that you think are most important (4 Points)

2. Which additional sources of risk can you find in real estate investment that you cannot find in the non-real estate market (e.g., stocks)? (4 Points)

Physical elements of Risk.

Missing information on future returns.

Imprecise data for future incertainties.

Unpredicted events influencing the profitability of the investment, e.g., a global pandemic.