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In this article, we first focus on a descriptive analysis of the office market in the city of Lille. Then we estimate three major equations explaining supply, demand and rental price adjustments. We observe that risky promotion projects have been replaced by pre-leases. As a consequence, new...
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Purpose – The purpose of this paper is to review what is known about property cycles following the financial crisis of 2008. Design/methodology/approach – The method is to review the literature on property cycles published since the 1930s, to examine the extent to which endogenous causes...
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Purpose The study looks at the characteristics of upswings and downswings for UK housing cycles. Specifically, the purpose of this paper is to empirically analyse cycles in house prices and housing affordability on the characteristics of persistence, magnitude and severity....
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This master thesis presents an analysis of a development process of the Lithuanian real estate market. The main purpose of the paper is to investigate the influence of the selected determinants on the real estate market development in Lithuania, as a developing country, making a special focus on...
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This article analyses trends in dwelling prices over the past four decades through the prism of the price-to-income ratio. Exactly which measures of dwelling prices and household income are the most appropriate depends on the question being analysed, but the various measures considered here all...
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