SUSTAINABLE DEVELOPMENT OF REAL ESTATE MARKET: IMPACT OF THE MICRO AND MESO LEVEL FACTORS

2014 ◽  
Vol 3 (4) ◽  
pp. 45-60
Author(s):  
Oksana Ruza ◽  
Olga Lavrinenko ◽  
Renars Zelcs
2020 ◽  
Vol 3 (5) ◽  
Author(s):  
Yasai Liu

Several real estate enterprises in China (hereinafter referred to as housing enterprises) rely on overseas financing to meet their financing needs, but it is fraught with challenges such as high financing costs. Premised on the internationalization of finance, combined with the background of "staying and not speculating" and establishing a long-term mechanism for real estate market, based on the investigation of the financing motives of real estate enterprises, combined with a large amount of data, the present study examines the current situation and predicament of overseas financing of housing enterprises. It proposes four feasible countermeasures to promote sustainable development of real estate enterprises overseas financing including building a special financing system to reduce the cost, expanding various financing channels, strengthening the supervision of overseas bond financing, and reducing the loss devaluation of RMB internally and externally.


2014 ◽  
Vol 1030-1032 ◽  
pp. 2597-2600
Author(s):  
Wei Xu ◽  
Xin Xiong

In 2010 to 2013 the national macro-control policies on the real estate market has a strong compressive force, although the development of China's real estate investment market continued to grow still present, but under the influence of regulation just to be national policy, the growth momentum has slowed . In this paper, based on the current status of the domestic real estate industry, in line with the theoretical basis of sustainable development, in-depth analysis of the domestic real estate industry problems encountered in the development process, made some suggestions and solutions for sustainable development


Author(s):  
Sanda Geipele ◽  
Armands Auziņš

Abstract The study is concerned with an examination of resource distribution in order to promote sustainable development of housing sector in the context of evolving residential real estate market after the economic recession period in Latvia. The statistical and comparative analysis methods have mainly been applied in the study, and the recommendations on the implementation of conceptual solutions for promoting the efficient management of housing sector according to the public needs have been provided. The findings of the study may significantly contribute when improving the housing policy and appropriate institutional environment in Latvia.


2017 ◽  
Vol 10 (2) ◽  
pp. 230 ◽  
Author(s):  
Jamshid Mehrasa ◽  
Mohammad Kainiya

Cadaster refers to a system involving comprehensive geometric data on real estate across a country along with full details of properties, owners and respective rights. It can provide a dynamic administration of real estate datasets so that tasks are carried out at maximum efficiency and quality. From the legal point of view, a cadaster survey seeks to specify 4 essential characteristics concerning immovable property, including owner, ownership transfer practices, geographic location, dimensions (area) based on primary and secondary registration numbers, quality and quantity of properties. By determining these parameters and registering them in single-sheet cadastral deeds as well as an online database, a great step can be taken to mitigate the rate of violations and crimes related to property registration, and subsequently reduce the lawsuits. Nowadays, it is critical to implement a land and real estate registration system in any country, since it can facilitate the sustainable development of the central government, provide security of tenure and property ownership rights, facilitate investment in the real estate market and the transactions, guarantee a transparent, efficient property evaluation and ultimately set the groundwork for planning and utilizing lands and achieving sustainable development. It is crucial to emphasize the fact that the Iranian economic and industrial development has posed numerous new obstacles against authorities in charge of the cadaster survey and registration of land ownership, since they have to take caution about the potential demand and dynamism of the cadaster expansion in the future. As a result, the cadaster expansion should be constantly monitored to ensure its compliance and support for adopting appropriate decisions, optimally managing the lands, minimizing the detrimental consequences of environmental changes and their consistency with the current and upcoming requirements. The continuous development of cadaster systems and their capability to cooperate with other national databases is vital for ensuring all needs are met in various economic sectors and providing reliable data update on real estate.


Author(s):  
Laura Tupenaite ◽  
Irene Lill ◽  
Ineta Geipele ◽  
Jurga Naimaviciene

Sustainable development is inconceivable without healthy real estate market. A housing project can be regarded as sustainable only when all the dimensions of sustainability (environmental, economic, and social) are dealt with. There has been an increased interest in using sustainability indicators for evaluating the impacts of the new development projects. Past and recent experiences have shown that sustainability indicators can be useful tools for measuring the outcomes of new construction, when used appropriately and adequately. The aim of this article is to propose an integrated, hierarchically structured system of sustainability indicators to be used for assessment of the new housing development projects in the Baltic States. This aim is achieved through accomplishing three objectives. First, based on a review of literature related to assessing building project performance and sustainable development in construction, the paper proposes a hierarchically structured system of sustainability indicators. Second, based on a survey of experts from the Baltic States, significances of criteria are estimated by the Analytic Hierarchy Process (AHP) method. Finally, paper proposes recommendations to government authorities and real estate developers as to how to enhance the performance of new residential projects according to the principles of sustainability.


2021 ◽  
Vol 13 (5) ◽  
pp. 2963
Author(s):  
Marilena Mironiuc ◽  
Elena Ionașcu ◽  
Maria Carmen Huian ◽  
Alina Țaran

The paper analyzes the reaction of residential property prices to sustainability attributes and the extent to which they capitalize the effects of sustainability on real estate markets in EU-28 countries in the period 2000–2018. Given that the sustainable real estate market is mainly driven by demand, the sustainability attributes included in the study reflect both buyers’ expectations and their investment potential in sustainable residential properties, and developers’ efforts to become more “sustainable” through responsible property investment. In order to correspond to the current meaning of sustainable development, the variables capture the four dimensions that give content to the concept of the quadruple bottom line: economic, social, environmental and institutional. Using panel data and the two-stage least squares (2SLS) method, the research reveals a pronounced sensitivity of residential property prices to all sustainability dimensions in countries considered leaders in implementing the Sustainable Development Goals (SDGs), characterized by a strong institutional environment, and efficient and transparent real estate markets. In countries less committed to SGD implementation, weak governance and higher corruption negatively affect the transparency of real estate markets, and the dynamics of the price of residential transactions are determined only by the economic and social dimensions of sustainability.


Author(s):  
İstemi Alp Köse ◽  
Linda Kauškale

Abstract At the present time, the world’s population is rapidly increasing, and the existing resources, which are limited, are being significantly consumed. Due to this fact, in order to use these resources more efficiently, the concept of planning day by day gains importance in the framework of sustainable development. Although Estonia is one of the countries that has the fewest number of people in Europe, owing to its economic reliability, high development level and worldwide awareness of the field of software, Estonia has become one of the less affected countries by the crisis. At the same time, Estonia is one of European countries that executes planning for long-term economic development. The aim of the research is to analyse the interrelation aspects between urban planning and residential real estate development on different levels in Tallinn, capital of Estonia, in the context of sustainable development. Analysis and synthesis, comparison, observation, and logical deduction methods are used within the research. According to the research conducted, the price ranges of real estate objects are closer to each other in the condition towards homogeneity in residential settlements which have similar residential and planning features. It can be recommended to build a contemporary system regarding interrelation of urban decisions and tendencies within development of the real estate market, which can help investors and other market participants in sustainable, efficient, and long-term decision making.


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