rt~
Chatrah and Liang (1999) find that over short periods of time inflation may be negatively correlation with REIT returns, but that over long periods of time, REITs is positively correlated with inflation.
但是notes后面又说REITs和inflatoin之间的correlation是负的，所以假如选择题只让选一个的话，怎么选呢。。。notes上说的好不清楚。。。谢谢大家了！！！！！