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One of the many lessons to be learned from the recent global financial crises (GFC) relates to the damage done to the functioning of national banking systems by non-performing real estate loans both residential and commercial. In the European context the experience of banks in Cyprus, Ireland,...
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The built environment of any city inevitable exhibits path dependencies and maps imperfectly onto its current accommodation requirements. In turn this impacts on the city’s territorial competitiveness and its capacity to retain and attract the key sectors most likely to drive its economy....
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While much research effort has been spent on pricing issues in real estate comparatively little consideration has been given to the analysis of how real estate markets function and market structures evolve. This is surprising considering that the market and its structure inevitably underpins and...
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Many cities have viewed the hosting of international sporting events as a unique panacea for leveraging funding from a variety of sources both public and private to tackle long-standing problems of adjustment in the urban economy, in particular, deficits in physical infrastructure. The...
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