Real estate vs. Stocks

[Lance H.]

Hi everyone,
I realize this has been discussed before about which one is better and I think the general concensus is both.

I am writing an economic paper on this topic where I plan to compare the two, so what I am looking for is a list of all the pluses and minuses of both.(example, real estate can be leveraged more, stocks have lower transaction costs) From the biggest to the smallest differences. Any help would be truly appreciated and if you would like to be put down as a source for the paper please let me know and I will get your info.