"This paper develops a behavioral model of the decision-choice of an elderly homeowner who owns her home free and clear in the starting period. The homeowner is faced with a choice among four scenarios: To maintain status quo by aging in place in a home that is owned free and clear, to sell the...

[abstract missing - contribution appeared in the programme]

Recent research shows the benefit of access to public open space differs by housing density, suggesting that public recreational open space can act as a substitute for private open space. We explore spatial externalities from different forms of open space across housing densities. We also test...

[abstract missing - contribution appeared in the programme]

ERES:conference

ERES:conference

Foreign direct investments (FDI) have been one of the core features of globalization and the world economy over the past two decades. Statistical data shows that the level of FDI was continuously increasing during 2003-2007, but the directions and amount of such inflows differs significantly...

Pooling the forecast outcomes from different models has been shown by Makridakis (1989), Clement (1989) and others to improve out-of-sample forecast test statistics beyond any of the individual component techniques. As well as conventional combining, a different approach to forecast combination...

Location of real estate projects is one of the most important decisions to be made at the beginning of any development process. Once a property is constructed, it is attached to the place throughout the whole life cycle. Nevertheless, it also keeps affecting subsequent location decisions of...

Property performance indices are a key analytical tool for the understanding and quantitative analysis of property markets. Through the expansion of the Investment Property Databank they now exist for a wide range of countries, enabling practitioners and researchers to perform comparative...