# Professor Stijn Van Nieuwerburgh on REITs and systemic risk

1 Faculty News April 19, 2013 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://online.wsj.com/article/SB10001424127887324763404578431033270347040.html) -- "'I'm not convinced there's a big problem because these REITs are holding relatively liquid securities and represent a modest part of the mortgage market,' said [Stijn Van Nieuwerburgh](http://w4.stern.nyu.edu/faculty/bio/stijn-van-nieuwerburgh), director of New York University's Stern Center for real estate finance research."

[Read more](http://online.wsj.com/article/SB10001424127887324763404578431033270347040.html)