This paper focuses on the theory of economic transformation, applied to property market emergence and comparing different transitional economies. Past experience of the Chinese and East European markets has major differences. This paper reviews the Chinese economic transition with emphasis...

This study examines volatility patterns in Australian housing prices. This is undertaken by decomposing the conditional volatility of housing prices into a ípermanentî component and a ítransitoryî component via a Component-Generalised Autoregressive Conditional Heteoskedasticity (CGARCH)...

Driven by Western companies' requirements for efficiency and effectiveness, a trend towards outsourcing of business activities to India and other low‐cost countries commenced in the early 1990s and has continued to grow at a surprisingly fast pace. In a relatively short timeframe India has...

Purpose – The purpose of this paper is analyse to what extent the high price had led to low levels of housing affordability in the period 2002‐2006 in Beijing. Due to the importance of housing for local residents and the crucial position that real estate market in the Chinese economy is...

Purpose – Any attempt to improve housing quality goes concurrently with improvement of income level and with economic development. The purpose of this paper is to assess the viability of microfinance institutions (MFIs) in financing housing improvement for the urban poor....

Purpose – High rates of urbanization have concentrated housing needs in urban areas. This has resulted in a large‐scale housing and service backlog. The rapid growth in housing demand represents a mammoth task for both the present and future housing policy in South Africa. Local government...

Purpose – The purpose of this paper is to provide technically robust indicators of housing market performance from the records held by the Ghana Land Valuation Board, through the construction of the first ever residential price and rent indices for the aggregate and disaggregate markets....

Purpose – The purpose of this paper is to give an insight into lessons learned so far on the in situ upgrading and eradication of informal settlements in South Africa. This is with a view to accessing progress made to date, the line of focus and to ascertain whether in situ upgrading or...

Purpose – The purpose of this paper is to investigate the contribution of cooperative societies to housing finance for the urban low income group in Ogbomoso, Oyo state of Nigeria. This is with a view to determine the effectiveness of the societies' lending as a means of solving the housing...