We propose newly developed unsmoothing techniques for appraisal-based real estate returns based on a regime-switching Threshold Autoregressive (TAR) model. We show that when true returns follow a TAR process, conventional linear autoregressive technique are misspecified and underestimate true...

"Real Estate: The Basics will be helpful reading for anyone thinking about studying Real Estate, Property or other Built Environment topics. It could be used to teach across a wide variety of courses, to provide an aide memoire to those that are already working in the industry, and to give those...

1. Introduction -- 2. Real estate in context -- 3. The diversity of real estate -- 4. Real estate as an asset -- 5. Real estate as a resource -- 6. Real estate people -- 7. The basics of real estate law -- 8. The landlord and tenant relationship -- 9. Interests in real estate -- 10. Real estate...

The Islamic response to the ever present need of home financing manifests itself predominantly in ‘Bai-Bithaman Ajil' (BBA) and ‘Musharakah Mutanaqisah' (MM) inter alia. They are both essentially structured concepts consisting of Murabahah in the case of BBA, and musharakah and Ijarah in the...

Ownership of real estate through corporations in offshore tax havens creates opportunities for tax evasion and money laundering and may have undesirable effects in housing markets. In this paper, we study offshore ownership of real estate in the United Kingdom by combining several data sources:...