This paper examines the redevelopment of former gold mining land close to the downtown area of Johannesburg for affordable and middle-income housing. This could provide savings for out-of-pocket costs, time saving for commuting costs and better property appreciation. However, the properties may...

In an increasingly global investment climate, mobile capital interested in residential investment generally seeks the highest return on invested capital (cap rate). However, we observe a very large range in these values. Systematic differences may be explained by tax rates, demographics,...

Brownfields are potentially contaminated sites that often present economic development opportunities that require financing. State environmental voluntary clean-up programmes (VCPs) offer closure letters as a way for developers to obtain assurance that their clean-up was completed properly and...

Traditional western society is based on a balance between private and public interests, the economic and the social spheres of life. However, in recent years this balance has been completely upset, in favour of the private and economic. This has driven six wedges between business and society,...

Capitalism is facing a crisis. All who believe in business - from CEOs to business school professors - must recognize that they have contributed to this crisis. The problem is simple, yet profound: Everyone is captive of five half-truths that shape the way people think about business and the way...

This study analyzes the effect of both new and rehabilitation residential investment on nearby property values in Cleveland, Ohio. The methodology used is hedonic price regression with spatial lagged variables that are generated applying geographic information systems. There are four major...