Les sociétés immobilières cotées n'ont pas encore fait, en France, l'objet de travaux académiques importants, alors que leurs actifs sous-jacents ont un intérêt économique fondamental parce qu'ils représentent la moitié de la richesse nationale. Cette étude, après avoir construit des...

A l’heure où l’on assiste à une certaine financiarisation l’immobilier, il peut exister la tentation de plaquer les modèles financiers classiques directement sur cet actif, sans prêter trop d’attention à ses particularités. Or, l’utilisation de méthodes financières...

In January–October 2014, entities of all the forms of ownership built 729,400 apartments with the total fl oorspace of 56.1m sq. m. which is equal to 123.7% on the respective period of 2013. Despite the macroeconomic situation, in 2014 in the country the ratio between the price of housing and...

In markets we witness firms competing to satisfy the needs of consumers. The reason of their activity is to maximize their profits. On the other hand consumers try to maximize their utility by looking for goods with highest quality and cheapest price. Though in theory (perfect competition...

Que signifie « informer » lorsque l'on aborde les prix de l'immobilier résidentiel ? Contrairement au marché action pour lequel il suffit de consulter des cotations, le prix de marché de l'immobilier semble être une notion dont la connaissance n'est pas aisée. En témoigne le malaise,...

In January–August 2014, growth in mortgage housing lending continued. As of September 1, 2014, Rb 1.07trillion worth of 619,026 mortgage housing loans was extended; that is 27.47% and 36.33% more in quantitative terms and monetary terms, respectively, as compared to the respective period of 2013....

The aim of this research is to study the determinants of the use of direct versus intermediated solutions on the French housing market. The theoretical perspective of perceived transaction costs provides a useful framework for understanding the existence of a specific mode of transaction in real...

Governments and international development agencies often fail in their efforts to build and reform property and company registries. They implement misguided policies rooted in a poor understanding of the role that registries play in the modern economy. This work aims to remedy this situation by...

Despite worsening of the fi nancial and economic situation, within 11 months of 2014 the volume of mortgage housing loans (MHL) (Rb 1530.3bn) exceeded by 22.2% and 30.2% in quantitative terms and monetary terms, respectively, the volume of MHL extended within the respective period of 2013. As of...