The historical, social and cultural norms and systems prevalent in a society tend to shape the need for and therefore the practice of various professional disciplines and real estate education sometimes fails to capture these salient real world issues that affect its practice. In emerging...

Since the nationwide housing reform was initiated in 1988, Chinese cities have been transforming themselves from relatively homogeneous societies organized around work-unit compounds towards ones with significant stratification and segregation. Wealthy ígated communitiesî and dilapidated...

To date, systematic evaluations of regeneration policies and programs for deprived and run-down urban areas which examine whether policy objectives are actually achieved and to what extent this was due to the implementation of that policy or program have been scarce. The dearth of...

Oligopoly or Latent Efficiency: an analysis of transaction cost disequilibrium in commercial real estate investment in the US and the UK As part of a larger investigation into liquidity and efficiency in commercial real estate investment, this paper considers the question of transaction costs...

The research communities of regional science and those of real estate research have very little overlap. They typically do not attend the same conferences and seem to use different journals. For example, of the 719 citations in the journal íReal Estate Economicsî in 2006 only three were to the...

"The congress contribution focuses on the Development of Managed Real Estate. An interdisciplinary team of the chair for Real Estate Development at Vienna University of Technology (TU Wien) accomplished in 2007 and 2008 40 international case studies mainly to answer the following research...

The usual practice in empirical distributional studies is to use distributions of disposable income. However, a householdís command over resources is determined not only by its spending power over commodities it can buy but also on resources available to the household members either in the form...

Whilst the preliminary nature of and subsequent revisions to estimates of real output provide a source of data uncertainty to macro-economic forecasters, many macro-economic data (e.g. exchange rates, interest rates and commodity prices) are easily available and not subject to measurement error....

Many indicators/indices related to real estate markets are either based on list prices or selling prices whereas the latter is usually related to private data. Therefore, the relationship between these two data sets could hardly be investigated. The research in this Ph.D. work aims to enlarge...

To reach their corporate goals housing companies have to recognise, assess and control risks both on a strategic and on an operative level, and to make use of the chances offered, respectively. This is the general purpose of risk and portfolio management. The overall risk of real estate is...