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Applying the beta coefficient to the Polish housing market

25th Annual European Real Estate Society Conference, 2018
The beta coefficient is widely used in company valuation. According to the assumptions of the CAPM, thanks to the beta, you can set the cost of equity and thus the discount rate in income valuation models. Similarly, in the real estate market, if you want to valuate the property by income method, a discount rate should be known.
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Beta Coefficients and Models of Security Return.

The Journal of Finance, 1974
Dennis E. Logue, John W. Aber
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The Beta Coefficient

The Journal of Investing, 1992
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