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Which of the following statement about the direct and indirect real estate investments is FALSE? Public real estate investment trusts are corporations that invest directly
Which of the following statement about the direct and indirect real estate investments is FALSE? Public real estate investment trusts are corporations that invest directly in income-producing real estates and can be traded in stock exchanges. The advantages of indirect real estate investment includes no restriction on capital investment, diversification benefits and professional management. The disadvantages of direct investment is that it requires heavy management and large capital outlays. The disadvantages of direct real estate investment is that direct real estate investment are exposed to the variations in the stock market
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