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The construction of housing markets, mediated by estate agents, is changing. The ‘information age’ has witnessed widespread changes to personal intermediation across many business sectors (e.g. holiday sales and insurance brokerage), yet estate agents continue to be extensively involved....
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Although there are numerous good reasons for real estate analysts to construct housing submarkets, there is little clarity about how this might best be done in practice. The existing literature offers a variety of techniques based on principal components analysis, cluster analysis and other...
Persistent link: https://www.econbiz.de/10010800239
There is considerable evidence, exemplified by the work of Onder et al (2004) that explores the effects of the 1999 Marmara event, that earthquake risk has distorted spatial and temporal house price patterns in the Istanbul metropolitan area. Last yearís earthquake activity in Eastern Turkey,...
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The changing economic processes in the world have been affected on both the regions within a country and regions as a group of countries. In the regional development literature, although it is emphasized that globalization will enhance the development of advantages-rich regions, there are some...
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<title>Abstract</title> The purpose of this paper is to explore the factors that affect housing prices in Istanbul. A hedonic price model is employed in order to examine housing price determinants with respect to property characteristics, socio‐economic characteristics, neighbourhood quality characteristics,...
Persistent link: https://www.econbiz.de/10010971917
This paper investigates the cycle of housing movement preferences in Istanbul by focusing on three basic characteristics of residential areas: (a) The housing prices (b) The life quality (c) The Socio-economic structure of the residents. The aim is to estimate filtering process in Istanbul...
Persistent link: https://www.econbiz.de/10010834258