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Once bond spreads and property yields are low, there is no longer much scope for further capital gains.
ECONOMIST: Buttonwood
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This blog is not about the equity, bond, or property asset markets.
FORBES: Fed Exports Inflation, Stokes Revolutions
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The commodity, bond and even the property markets have been impacted.
FORBES: Fed Exports Inflation, Stokes Revolutions
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But in the case of a court-issued death certificate, "the person entitled, a spouse or kid, has to post a refunding bond", before the property is distributed, says Spencer.
BBC: Brenda Heist: How to come back from the dead
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There is also a business consideration in that, for example, a community development district trying to sell property and build houses now faces buyer resistance due to the uncertainty a bond default brings.
FORBES: Even If A Bond Doesn't Default, You Can Still Lose Your Money
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Fairfax, accordingly, owns ten property and casualty insurers, whose huge reserves he uses to play the stock and bond markets.
FORBES: Faux Buffett
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Investors are attracted to property by the gap between rental yields, around 3.5%, and long-term bond yields, now around 1.8%.
ECONOMIST: Property funds in Japan
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The firms hoped capital gains on shares and property would close the gap between the interest rates they had guaranteed and those they could earn on their bond portfolios.
ECONOMIST: Japanese insurance