Klotz, Philipp; Lin, Tsoyu Calvin; Hsu, Shih-Hsun - In: Journal of European Real Estate Research 9 (2016) 1, pp. 52-75
Purpose Greece, Ireland, Portugal and Spain have been in the spotlight of the recent economic crisis in Europe. With their economy strongly reliant on the construction industry, these countries have become widely exposed to the downturn in the property sector. This paper aims to examine...