Why would loans collateralized by real estate be more, Financial Management

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Why would loans collateralized by real estate be more

Assume the volatility of the price of real estate were the same as the volatility of stock prices. Why would loans collateralized by real estate be more likely to lead to large losses to a lender than loans collateralized by the shares of publicly traded firms?

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Financial Management: Why would loans collateralized by real estate be more

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Financial Management: Why would loans collateralized by real estate be more

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