--- Alex T Tabarrok <[EMAIL PROTECTED]> wrote: > Insurance against changes in home prices is for the first time now being > offered on a limited basis. This is an interesting product in that the > idea is in large part driven by academics like Robert Shiller.
Such markets could become extended to tenants. A tenant could thus insure himself against a rise in the rental. There could develop derivatives such as options on real estate and futures markets, and also insurance against changes in taxation. These would enable risks to be spread and separated. Fred Foldvary ===== [EMAIL PROTECTED]
