scholarly journals (Un)real estate : Online staging of investment-driven housing projects in Vienna

Socio hu ◽  
2020 ◽  
Vol 10 (Special Issue) ◽  
pp. 41-58
Author(s):  
Anita Aigner

If we want to understand why housing is increasingly becoming a global investment product and the subject of surplus consumption, we must also look at the advertising infrastructures and image products that have been profoundly transformed by new digital technologies. This article examines the promotional staging of luxury and investment apartments using the example of websites that advertise upscale new construction projects in Vienna. The central question is how, and with which forms of aesthetic staging, processes of emotional and temporal entanglement are set in motion. For the analysis, Gernot Böhme’s theory of aesthetic economy and concepts of ANT-informed economic sociology are used. It is argued that breathtakingly realistic architectural renderings should not only be seen as representations, but as ‘market devices’ which, together with the technical-digital environment in which they are embedded, (co-)shape our affects, our desire and our consumer behaviour. The aesthetic work that is invested in the online staging of residential real estate does not simply serve to better imagine buildings not yet built, but rather to sell apartments at an ever earlier date – thus to accelerate the capital turnover.

Author(s):  
Dar'ya Aleksandrovna Odnopalova

Currently, the most common way to finance the acquisition of residential real estate is shared construction, which has its drawbacks. This article discusses the domestic and Russian experience of shared construction, and compares the activities and organizations. The object of research is the financing schemes for residential real estate. The subject of the study is the comparative characteristics of financing schemes for multi-apartment residential buildings. The aim of the study is to analyze the experience of shared construction of multi-apartment residential buildings in the USSR and modern Russia. Summarizing the comparative analysis of the features of the organization and activities of domestic and modern experience in shared construction, we can say that these schemes have similarities in attracting public funds for the construction of multi-apartment buildings and that these mechanisms for acquiring housing in the primary market are not safe for their members. Therefore, there is still a need to develop the most effective organization of financing investment and construction projects in the residential real estate market, providing for the interests of the developer, participant in shared construction, the state and the bank.


Author(s):  
Dar'ya Aleksandrovna Odnopalova

Currently, the most common way to finance the acquisition of residential real estate is shared construction, which has its drawbacks. This article discusses the domestic and Russian experience of shared construction, and compares the activities and organizations. The object of research is the financing schemes for residential real estate. The subject of the study is the comparative characteristics of financing schemes for multi-apartment residential buildings. The aim of the study is to analyze the experience of shared construction of multi-apartment residential buildings in the USSR and modern Russia. Summarizing the comparative analysis of the features of the organization and activities of domestic and modern experience in shared construction, we can say that these schemes have similarities in attracting public funds for the construction of multi-apartment buildings and that these mechanisms for acquiring housing in the primary market are not safe for their members. Therefore, there is still a need to develop the most effective organization of financing investment and construction projects in the residential real estate market, providing for the interests of the developer, participant in shared construction, the state and the bank.


2021 ◽  
Vol 12 (2) ◽  
Author(s):  
Natalya Kovalevskaya

The possibilities of applying the project approach to the financing of investment and construction projects are considered. The article analyzes the implementation of the processes of housing construction project management in the context of changes in the legislative framework and the transition of the activities of real estate developers to project financing. The article considers the features of project finance that are significant for project management as a form of project resource management, which determine its advantages in comparison with traditional bank lending. The expediency of adjusting the project risk management processes in the context of a legally approved transition to project financing is justified. The article analyzes the impact of changes in the legislation regulating the conditions for financing investment and construction projects on the situation in the residential real estate market. The advantages and limitations of project financing for various participants of investment and construction projects in the field of residential real estate are identified.


2017 ◽  
Vol 5 (2) ◽  
pp. 80-96
Author(s):  
Raid Saleem Abd Ali ◽  
Nooran kanaan Yassin

This research aims to diagnose and identify the causes of claims and disputes between the contractor and the employer, also review the methods used to resolve disputes in construction contracts. In order to achieve the goal of the research, scientific methodology is followed to collect information and data on the subject of claims and disputes in construction projects in Iraq through personal interviews and questionnaire form. The most important results in this research are: the price schedule contract as a kind of competitive contracts is the most important and guarantee for the completion of minimum level of claims and disputes with relative importance of (84.1), compared with the (cost plus a percentage of the cost contract) as a kind of negotiating contracts is the most relative importance of (79.6), and the turnkey contract as a kind of special contracts is the most relative importance of (74.2). The  contractor and  his agents are one of the most influence sources in occurring claims and disputes in construction contracts with relative importance of (77.4) followed by the contract documents with relative importance of (74.2) and then the employer with relative importance of (73.2). In addition to the long period of litigation and the multiplicity of veto grades are most negative when contractual disputes have resolved by it, and with relative importance of (86), followed by the large number of issues and lack of efficiency and specialty of Judges with relative importance (78.4). Finally, the direct negotiation method (relative importance of 77) is one of the most friendly settlement ways favored by conflicted parties, while the resolution of disputes and claims board (relative importance of 10) occupied the last rank in the friendly settlement ways.


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