Traditionally, aging Koreans would live with their eldest son’s family. However, urbanization, economic expansion, and changing demographics are contributing to South Koreans considering alternative living arrangements. One possibility is the development of seniors housing, available only on a...

Housing demand models based on individual consumers' utility function reflect preferences about the structure and lot, neighborhood, and location as related to socioeconomic characteristics of the occupants. As a growing proportion of aging residents in many countries are undertaking late life...

Corporate real estate management outsourcing relationships are characterised by intangible services, information asymmetries between principal and agent, bounded rationality, and imperfect contracts. In such relationships, trust may be an important complement to contracts and monitoring to...

New construction is generally expected to create positive externalities. We use a hedonic model to estimate the premium paid for new houses as well as the influence of new residential construction on the selling prices of existing houses considering the number and relative size of the newly...