Purpose – The purpose of this paper is to show that general‐ and special‐purpose properties have to be dealt with differently by the public sector. Design/methodology/approach – Application of standard economic theory concerning pricing of properties and infrastructure. The issues are...

Real estate market data often contain outliers in the observations. Since outliers have a large influence on least squares estimates, robust regression methods have been recommended for this situation. Compares the performance of least squares and least median of squares, a robust method, in the...

Purpose – This explorative case study focuses on property investment decision making from a behavioural perspective at the very microlevel. The study contributes to an understanding of how property investors manage the decision‐making process, including organizational aspects, property...

Purpose This paper aims to examine tenure choice in the Swedish housing market with explicit consideration of households’ credit constraints in combination with age and ethnic background. Design/methodology/approach Observations of some 940,000 households were used to analyse the Stockholm...

We address in this study the question of whether significant price increases occurring during the up-phase of the property cycle can in part be explained by speculative bubble. The findings indicate that the Swedish market for income real estate may have been partly driven by a speculative...