The environment for investment in housing construction has changed drastically. Rising interest rates and construction costs are leading to a signifi cant decline in investment activity. This will exacerbate the shortage on the housing market, as refugees from Ukraine also require housing on a...

The environment for investment in housing construction has changed drastically. Rising interest rates and construction costs are leading to a signifi cant decline in investment activity. This will exacerbate the shortage on the housing market, as refugees from Ukraine also require housing on a...

This study evaluates the impact of the second home restriction (Lex Weber) on construction investments in Switzerland. Different specifications and variations are defined, and the changes in investment behaviour are analysed. A first basic model considers the variation in investments through a...

The empirical literature on neo-Goodwinian models of growth and distribution still lacks an explicit treatment of capital accumulation. Further, and across different theoretical approaches, residential investment is seen as a critical driver of the business cycle. This paper addresses these two...

We provide new evidence that short-term rental (STR) platforms like Airbnb incentivize residential real estate investment. We exploit two complementary identification strategies. First, we use variation in the timing of STR regulations to estimate the effect of regulation on both Airbnb listings...

The two major earthquakes which struck northwestern Turkey in 1999, not only caused enormous amounts of death, destruction and suffering, but also exposed rampant government corruption involving construction and zoning code violations. The incompetence shown by the government in providing...

The unpegging of China’s currency in 2005 creates positive wealth effects that trigger Chinese foreign buyers’ responses in the intensive margin to pay 3.42% more in housing prices relative to other foreign buyers. We find evidence of a higher propensity to purchase housing units with more...

Migration policies need to consider how immigration affects investment behavior and productivity, and how these effects vary with the type of migration. College-educated immigrants may do more to stimulate foreign direct investment and research and development than low-skilled immigrants, and...

This study uses a quasi-experiment to evaluate the impact of the second home restriction (Lex Weber) on construction investments in Switzerland. It estimates the effect in different strongly affected areas. Four different specifications are defined, and the changes in investment behaviour are...

"This book prepares readers to understand the risks and rewards associated with financing and investing both residential and commercial real estate. Concepts and techniques included in the chapters and problem sets are used in many careers related to real estate. These include investing,...

Geographic patterns of housing growth in the United States result from the interaction of demand, density, and regulatory institutions. This paper presents a model of urban redevelopment in which opportunity costs and regulatory hurdles hinder the occurrence, timing, and density of...

In this paper we analyze the fundamental drivers of China's residential investment as a share of its GDP. Our analysis indicates that the economic structural changes that led to rebalancing toward consumption were the key driver of the rising residential investment to GDP ratio in China. We...

This study investigates the impact of corporate fraud on household investment choices. We conjecture that by undermining trust in the financial and insurance market, corporate fraud behaviour would decrease households' investment in risky financial assets and increase investment in non-financial...

"By 2016 global real estate markets have generally recovered as real estate asset prices have increased beyond pre-crisis levels. Whereas debt and equity capital was scarce at the time we wrote the first edition, capital is now abundant. In addition, many institutions who had completely exited...

"The book covers everything anyone would need to know about commercial real estate--approximately 400 entries. The concepts are organized into 6 key categories: Commercial Property Types, Cash Flow and Valuation, Buying Selling and Investing, Construction and Rehab, Tenants and Management,...

"Real Estate Crowdfunding: An Insider's Guide to Investing Online introduces the reader to basic real estate investment concepts, and then takes a deep dive into how to invest passively yet wisely in real estate syndications. This book is a guide to the foundational financial concepts upon which...

What explains the rapidly increasing housing investment demand in China? To address this question, we develop an analytical framework featuring how expected capital gains impact households' housing investment decisions when subject to financial constraints. Housing demand in China takes place...

What are the macroeconomic consequences of changing aggregate lending standards in residential mortgage markets, as measured by loan-to-value (LTV) ratios? In a structural VAR, GDP and business investment increase following an expansionary LTV shock. Residential investment, by contrast, falls, a...

This paper provides the first systematic empirical assessment of the pace at which housing investment has responded to rising demand from urbanization. The assessment used National Accounts Statistics to build a data set of residential housing investment for more than 90 countries. The data set...

We assess the importance of residential investment in predicting economic recessions for an unbalanced panel of 12 OECD countries over the period 1960Q1–2014Q4. Our approach is to estimate various probit models with different leading indicators and evaluate their relative prediction accuracy...

Growing demand for higher education (HE) and increasing students enrollment in higher education institutions (HEI) has been a global issue especially in the last three decades and housing the growing student population has become a dilemma for all concern HEIs stakeholders. Globally increasing...

This paper discusses the impact of criminal activities on residential property value. With regard to criminal activities, the paper emphasizes on the contribution of each component of property crime. One thousand (1000) sets of structured questionnaire were administered on the residents of...

"Practical Finance for Property Investment provides readers with an introduction to the most fundamental concepts, principles, analytical methods and tools useful for making investing and financing decisions regarding income-producing property. The book begins by considering how to value...