Housing market dynamics similarly to economic environment are cyclical, which inevitably leads to highs and lows in housing market prices. The purpose of this study was to find out in which market cycle phase Estonian housing market currently is in; which factors drive Estonian housing market...

The present study examines whether office capital growth in the Helsinki property market adjusts asymmetrically to the business cycle over the period 1971Ã’2002 using the framework of the autoregressive-moving average model with exogenous explanatory variables (ARIMAX). In order to introduce...

The paper evaluates the role of ethics in Spanish Real Estate Professional Bodies as a guide for real estate managers and brokers. Changes and desregulation on market rules have increased the divorce between professional behaviour and ethics rules. Economics reasons exist explaining how the...

[abstract missing - contribution appeared in the programme]

Many real estate investment practices ñ and much real estate analysis and research ñ have their starting point in categories: residential, commercial, office, industrial; retail and the non-category category, mixed use. Categories are social conventions with scarce ontological status. Thus,...

In the last few years a number of papers have been published applying the principles of optimal taxation to the housing market, primarily with regard to the United States. The conclusions reached are that investment in housing is under taxed, resulting in overinvestment in housing and in...

"In any region, including the Lithuania and Belarus, sustainable development demands creation of a single international strategy for use of innovative assets; the strategy should include management of construction and real estate. Attractiveness and competitiveness of the counties depends on the...

Since the last decade, both public and private developers are the major contributor to the housing development in Johor Bahru. However, the quality of houses delivered is still far from the buyersí expectation. This research therefore, seeks to achieve two objectives. One, to measure the house...

Procedure: The periphery of Geneva, where a section of the city bypass opened in 1993, was studied on three different levels: firstly, an analysis of the regionís dynamics as a whole, secondly, an analysis of the demographic evolution and employment market at a communal level, and thirdly, an...

Percentage lease agreements (PLAs) contain lease clauses with payments of a flat base rent plus a variable rent, which is pegged to the sale turnovers. PLAs have been widely regarded as an important mechanism to achieve risk sharing, tenant mix and also rent discriminating objectives in shopping...