Why property investing is shifting from purchase decisions to portfolio strategy
Portfolio behaviour emerges in financial markets because assets can be split, priced continuously, compared and adjusted incrementally, allowing risk to be managed through distribution rather than conviction alone.
Real estate, by contrast, has historically lacked these features: properties could not be partially acquired, exposure could not be resized after capital was committed, and geographic or asset-type risks were locked in for years, leaving investors with little ability to correct…
