scholarly journals Ageing and Quality of Life - New Responses from the Real Estate Sector in Portugal (1)

2011 ◽  
Vol 15 (15) ◽  
pp. 57-69
Author(s):  
Fátima De Matos
Keyword(s):  
Quality Of Life ◽  
Real Estate ◽  
Elderly Population ◽  
The Elderly ◽  
Real Estate Market ◽  
The Real ◽  
The Real Estate ◽  
Real Estate Sector ◽  
Wide Range

Ageing and Quality of Life - New Responses from the Real Estate Sector in Portugal (1) In the second half of the 20th century, the history of European demography is associated with a pronounced and widespread process of ageing. The 21st century will have to cater to the needs of an elderly population in transformation. Portugal is also part of this process and in efforts to improve the quality of life of the elderly, a wide range of facilities, services and social responses have been established by a variety of promoters, targeting several social levels. This paper will analyze a specific segment directed at an exclusive niche of the elderly population, the Senior Residential Condominiums. This is a very recent segment of the housing market, with high levels of comfort, quality, sanitation, health, and recreation, essential to full well-being. The paper intends to characterize this real estate market niche so as to identify its distinctive features, the promoting agents and how they can contribute to residents' quality of life.

scholarly journals Impacts of digitization on real estate sector jobs

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Daniel Piazolo ◽  
Utku Cem Dogan
Keyword(s):  
Real Estate ◽  
Weighted Average ◽  
Real Estate Market ◽  
Real Estate Industry ◽  
Content Type ◽  
The Real ◽  
The Real Estate ◽  
Employment Agency ◽  
Real Estate Sector ◽  
Substitution Probability

PurposePrevious research on automation and job disruption is only marginally related to the real estate industry and its characteristics. This study investigates the effects of digitization on jobs in German real estate sector, in order to assess the proportion of jobs threatened to be replaced by automation. Since Germany is the largest EU economy insights for the German real estate market allow a first approximation for Europe.Design/methodology/approachAn extensive database of the German Federal Employment Agency containing job definitions and occupation titles is matched with real estate criteria to create a subset with the relevant real estate occupations. This data is combined with a database of the German Institute of Employment Research reflecting to what extent tasks within jobs can be automated by current technical capabilities.FindingsFor the 286 identified occupations within the real estate sector a weighted average of 47 percent substitution probability through current technological capabilities is derived for tasks within the examined occupations.Practical implicationsThis contribution indicates the extent of the structural change the real estate sector has to face due to digitization: One out of two real estate jobs will have to be re-created.Originality/valueThis research quantifies the magnitude of the job killer aspect of digitization in the real estate sector.

scholarly journals Diversified Price Dynamics in some Sub-Segments of the Housing Market

2015 ◽  
Vol 15 (1) ◽  
pp. 162-173
Author(s):  
Sebastian G. Kokot
Keyword(s):  
Real Estate ◽  
Price Index ◽  
Real Estate Market ◽  
Quality Of Data ◽  
The Real ◽  
The Real Estate ◽  
Transaction Prices ◽  
The Real Estate Market ◽  
Price Movements

Abstract The observation of price movements on the real estate market is an extremely difficult task as we have to face problems belonging to two spheres. The first of them is the specific nature of real estate as marketable objects and of the real estate market itself. The second one is the character and quality of data on real estate transaction prices. In this article the author, based on an empirical study, attempts to prove that even in a single segment of a local real estate market the prices in individual sub-segments can fluctuate with different intensity. The range of price movements can be so vast that it seems pointless to apply a single averaged price index for the whole segment, and usually that is what analysts do.

scholarly journals An analysis of the performance of the companies in Constanta County which operate in the real estate transactions field in the context of sustainable development

2021 ◽  
Vol 26 ◽  
pp. 475-487
Author(s):  
Kamer-Ainur Aivaz ◽  
Constantin Avram
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
Capital Investments ◽  
Economic Sectors ◽  
The Real ◽  
Economic Agents ◽  
The Real Estate ◽  
Real Estate Sector ◽  
Tourism Potential ◽  
High Degree

As time went on, Constanta County has become one of the emerging poles of residential development in Romania, primarily due to its excellent positioning as an economic hub driven by international trade, doubled by a tourism potential with a high degree of long-term growth. In this context, performance measurement remains a constant concern of the entire economic sector that can ensure the progress of an entity. The purpose of this paper is to carry out a dynamic analysis over an 11-year period of the profit margin at the level of the economic agents in Constanta County whose main object of activity is, according to the NACE classification, Real Estate activities/transactions. In the analyzed period, the year 2015 stands out, in which the resumption of lending for large projects and the return of investor confidence in the real estate sector created a contagious euphoria on the market which, coupled with the income accumulated in the crisis by investors looking for profitable capital investments, led to the emergence of a wave of acquisitions, thus stimulating the real estate transactions market. Moreover, although the Coronavirus pandemic has affected the entire planet, more precisely all the economic sectors and the real estate market has not been an exception, the evolution of real estate transactions in the year 2020 was beyond the expectations of specialists in Romania, Romanians showing an appetite for this kind of transactions also in the year of the pandemic.

scholarly journals To Rebuild or to Refurbish? An Analysis of the Financial Convenience of Interventions on Urban Consolidated Contexts

2022 ◽  
Vol 18 ◽  
pp. 226-231
Author(s):  
M. Locurcio ◽  
F. Tajani ◽  
P. Morano ◽  
F. Di Liddo ◽  
D. Anelli
Keyword(s):  
Real Estate ◽  
Performance Indicator ◽  
Real Estate Market ◽  
Economic Sectors ◽  
The Real ◽  
The Real Estate ◽  
Real Estate Sector ◽  
The Real Estate Market ◽  
New Construction ◽  
Historical Moment

In the current historical moment of post-crisis recovery, the real estate sector has a dual role: i) through the construction industry and its impacts on related economic sectors, it is called upon to be an active part of the economic recovery; ii) the enhancement of existing property assets is of primary importance in the containment of greenhouse gases and the achievement of the objectives set by the United Nations [1]. In this context, the various players involved in the real estate market have outlined the importance of being supported by assessment methodologies. That allows to point out not only the opportunities of the investment, but also the risks that may invalidate the initial forecasts, nullifying the success of the initiative. To this end, this research develops a multi-criteria Key Performance Indicator aimed at analyzing the feasibility of real estate initiatives that allows to provide a synthetic scoring on the financial sustainability of each investment and to compare different types of initiatives (e.g. new construction, demolition and reconstruction, renovation, etc.).

scholarly journals IT Requirements in The Real Estate Sector

2019 ◽  
Vol 9 (1) ◽  
pp. 298-308
Keyword(s):  
Real Estate ◽  
Data Protection ◽  
Data Security ◽  
Real Estate Market ◽  
The State ◽  
The Real ◽  
The Real Estate ◽  
Private Households ◽  
Real Estate Sector

Digitalization has reached the German real estate market. IT requirements have to be defined and followed. The state, companies and private households must implement appropriate requirements and take measures to jointly guarantee data protection and data security to be armed against cybercrime, and thus promote digitalization. Suitable measures will be examined here. IT facilitates many things but is also an instrument that can be abused also exploited, as it is operated by people. To be able to implement constant and secure overall solutions and concepts, this paper examines individual aspects in more detail and provides appropriate recommendations

Investigating the causes of increasing consumer demand for real estate housing in Bangladesh

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mazed Parvez ◽  
Sohel Rana
Keyword(s):  
Real Estate ◽  
Consumer Satisfaction ◽  
Secondary Data ◽  
Real Estate Market ◽  
Sample Size Determination ◽  
Content Type ◽  
The Real ◽  
The Real Estate ◽  
Real Estate Sector ◽  
Increasing Demand

Purpose The purpose of this paper is to find out the causes of increasing population in the real estate area. The demographic in information of the respondents and the level of satisfaction was also carried out for this study. Design/methodology/approach The authors use both primary and secondary data. Total 329 respondents were surveyed at the real estate area after completing sample size determination. Secondary data was collected from journals, real estate offices and papers. After that, using regression and correlation analysis, the data was analyzed and finalized. Findings This study identified migration as the most critical variable. The study determined ten hypotheses and only accepted two. By that, this study finds out the causes of the increasing demand of plots and flats in real estate. Originality/value This study will work as a baseline study for the real estate sector in Bangladesh. Most of the research on Bangladesh’s real estate is done mainly on real estate market assessment and consumer satisfaction. Nevertheless, this study will find out the causes of the increasing population in real estate.

scholarly journals The Problem of Competition on Real Estate Market on the Example of the Local Housing Market in Olsztyn

2013 ◽  
Vol 21 (1) ◽  
pp. 69-76 ◽  
Author(s):  
Oksana Kuryj-Wysocka ◽  
Radosław Wiśniewski
Keyword(s):  
Real Estate ◽  
Price Competition ◽  
Free Market ◽  
Fundamental Principle ◽  
Real Estate Market ◽  
Property Market ◽  
The Real ◽  
The Real Estate ◽  
Wide Range ◽  
The Real Estate Market

Abstract In the economic theory, competition is considered to be a fundamental principle of the free market. Due to the competition, customers get lower prices, better service quality, more and more choices. The competition in the real estate market is a very important factor in its development. Buying or selling real estate is often one of the most important financial transactions, which require the purchaser. With the reference to the above, the participants of the real estate market need to analyse a number of transactions and do a detailed understanding of the market before making a decision and finding a deal that meets all the expectations which will not be diverging significantly from remaining offers functioning in the given area of the market. The phenomenon of competition is very advantageous for buyers of a real estate, because it shows a wide range of various possibilities which one should consider before making a final choice. Times of crisis trigger a tendency of the growing competition in the property market, what results in a decrease in real estate prices. This article brings up the issue of price and non-price competition on the real estate market and the influence which it exerts on the decision of the purchaser. The aim of this paper is to present the phenomenon of the competition at three levels (levels), by examining what relationship occurs between the entities functioning on the market, what occurs between entities and objects, and how the entities, i.e. individual real estate, compete with each other. This study will be conducted with methods of statistical analysis of the market, however Herfindahl-Hirschman Index will be used to measure competition on the local real estate market.

scholarly journals Production and production over-supply in construction: estimating unsold stock in Italy

2014 ◽  
Vol 7 (4) ◽  
pp. 506-523 ◽  
Author(s):  
Andrea Ciaramella ◽  
Alberto Celani
Keyword(s):  
Real Estate ◽  
Poor Quality ◽  
Real Estate Market ◽  
Content Type ◽  
The Real Estate ◽  
Real Estate Sector ◽  
Critical Issues ◽  
Definition Of

Purpose – The aim of the article is to identify the limitations and critical issues in the way information in the real estate sector in Italy is currently managed, and propose the principles of a method that would provide information and comparison of the phenomenon of over-supply and non-rational land use. This study is based on a series of assumptions, the first of which is a definition of “unsold”, deemed to mean “the amount of new housing units neither occupied nor sold nor rented”. In effect, unsold stock can be considered as over-supply of construction. Design/methodology/approach – The article identifies the critical aspects in the determination of unsold real estate in Italy, starting from the available data and research already carried out; the results are often contradictory. The comparison with programming systems of building production adopted in other countries allows identification of the guidelines that can be used to better understand and combat the phenomenon. Findings – The assessment of the state -of-the-art provides a clear picture of the shortcomings and potential of the tools used to date to meet the need of studying a complex phenomenon with many obscure points. Following the empirical analysis comes out a picture of inefficiencies due to the poor quality of information, as well as the reluctance of data-sharing and -integration procedures by the institutional and market players. Research limitations/implications – The research produces solutions addressed to the Italian situation, but it identifies systems and methods used in other countries. Practical implications – The article suggests the collection systems and management information that can be used for a more accurate knowledge of unsold real estate. Social implications – The article focuses on some of the limits of the Italian real estate market, highlighting the need for greater transparency and how this can contribute to a more conscious approach to the market. Originality/value – The article seeks to provide the necessary answers to those who must understand the reasons of harmful effects for the market, such as overproduction; besides some models focused on three areas – the procedures, the organization and the market – are also proposed.

scholarly journals A produção de espaço urbano e os fatores do processo de expansão do mercado imobiliário em Mossoró-RN

2016 ◽  
Vol 10 (2) ◽  
pp. 21 ◽  
Author(s):  
Ademir Araújo da Costa ◽  
Eduardo Alexandre do Nascimento
Keyword(s):  
Real Estate ◽  
Urban Space ◽  
Real Estate Market ◽  
Point Of View ◽  
The Real ◽  
The Real Estate ◽  
Real Estate Sector ◽  
Palabras Clave ◽  
The Real Estate Market ◽  
Favorable Conditions

Resumo As ações das forças políticas e do capital, em território mossoroense, têm engendrado a reunião de um conjunto de condições favoráveis ao expressivo desenvolvimento do mercado imobiliário na cidade. Tal desenvolvimento se evidencia pela significativa quantidade de investimentos aplicados na produção de condomínios residenciais fechados, destinados às classes, média e alta, e na construção de conjuntos habitacionais “populares” dentro do Programa Minha Casa Minha Vida (PMCMV). Diante dos impactos da dinâmica do setor imobiliário sobre a economia e sobre a reconfiguração do espaço urbano local, é preciso indagar: quais fatores têm impulsionado o mercado de imóveis residenciais em Mossoró a partir dos primeiros anos de 2000 até o presente momento? Partindo dessa questão, define-se como objetivo central deste trabalho a análise das principais condições e fatores responsáveis pelo processo de expansão do mercado imobiliário em Mossoró a partir dos primeiros anos de 2000. Palavras-chave: Mossoró-RN; Mercado Imobiliário; Espaço Urbano; PMCMV AbstractThe actions of political and capital forces, in the territory of Mossoró, have generated the reunion of a set of favorable conditions to the significant development of the real estate market in the city. Such development is evidenced by the significant amount of investments applied in the production of residential gated condominiums, for the classes medium and high, and the construction of “popular” housing complexes within the Programa Minha Casa Minha Vida (PMCMV). Given the dynamics of the real estate sector impacts on the economy and about the reconfiguration of the local urban space, it must be asked: what factors have boosted the housing market in Mossoró from the early 2000s to the present time? From this point of view, the main goal of this paper consists of analyzing the main conditions and factors that lead to the expansion of Mossoró real estate market in the first years of 2000.Keywords: Mossoró-RN; Real Estate Market; Urban Space; PMCMV ResumenLas acciones de las fuerzas políticas y el territorio capital mossoroense, han diseñado la reunión de un conjunto de condiciones favorables para el desarrollo el expresiva del mercado de vivienda en la ciudad. Dicho desarrollo se manifiesta por el importante monto de inversiones aplicadas en la producción de condominios residenciales cerrada para clases, media y alta y la construcción de viviendas "popular" dentro del programa mi casa mi vida (PMCMV). Sobre los impactos de la dinámica del sector inmobiliario en la economía y en la reconfiguración de la ubicación del espacio urbano, tienes que preguntar: ¿Qué factores han impulsado el mercado de viviendas en Mossoró desde los primeros años del 2000 hasta la actualidad? Basado en esto, se define como objetivo central de este trabajo el análisis de las principales condiciones y factores responsables por el proceso de expansión del mercado inmobiliario en Mossoró desde los primeros años de 2000.Palabras clave: Mossoró-RN; Mercado Inmobiliario; Espacio Urbano; PMCMV

scholarly journals Search For Dissimilarity Factors For Nominally Indiscernible Facilities

2015 ◽  
Vol 23 (3) ◽  
pp. 65-72
Author(s):  
Jacek Zyga
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
The Real ◽  
The Real Estate ◽  
Sufficient Knowledge ◽  
Factors Influencing ◽  
The Real Estate Market ◽  
Data Search ◽  
Valuation Process

Abstract The similarity between premises, statutorily defined as the comparability of the compiled objects, is, in practice, identified by the statement of identity or the proximity of evaluation of the selected features describing the complied objects. Independent of the nature of these features (qualitative or quantitative), as well as of the method of identifying the proximity of their prices, the quest process for similar premises ends in the compilation of these premises into a group, which continues to remain inconsistent to some extent. The inevitable heterogeneity of the prices of premises summarized in this way leads to the suspicion that other features which had not been taken into account during the current stages of analysis exist. The identification of these features can significantly improve the quality of the valuation process based on the selected premises. The presented article discusses a method of identifying the plausible number of indiscernible factors influencing the differentiation of unitary prices in an analyzed set of premises, in the event when the collected information on these premises does not provide sufficient knowledge on the reasons behind such a differentiation. The result of the performed research can, in practice, be applied to program the procedures for the data search, and hence reduce the costs related to the acquisition of information on the premises (e.g. from the real estate market).

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