scholarly journals Cjenovni balon na tržištu nekretnina u Republici Hrvatskoj

2019 ◽  
Vol 9 (1) ◽  
pp. 78-88
Author(s):  
Josipa Mustać

The market balloons are fast-growing price phenomena, followed by their dramatic drop. In some parts of Croatia - the coastline and in the city of Zagreb, real estate prices have been growing drastically, considering the period from the year 2000. The global economic crisis occurred in the United States came 2008 due to the inflation of real estate prices, which also transferred to the Croatian economy due to the flooding effect from one market to another. This paper examines whether the same case is happening in Croatia today, namely whether the real estate price increase in Croatia was justified or they are balloons that will suddenly break. Real estate prices in Croatia are growing due to several factors, such as increased real estate demand for tourist rental, housing loans subsidies for young people and increased real estate demand by foreigners. If there is a significant drop in tourist activity in Croatia, real estate prices could fall dramatically.

PMLA ◽  
2007 ◽  
Vol 122 (1) ◽  
pp. 264-270
Author(s):  
Khaled Mattawa

Since the year 2000 i have spent most of my summers in benghazi, libya, the city of my birth and childhood. I have been able to return for the past six years, after an absence of twenty-one. At first I anticipated disorientation. The two decades that I'd lived in the United States saw extreme forms of oppression in Libya, as well as hostility between Libya and the West, which by 2003 was coming to an end. Yet little surprised me about my city when I returned. I had expected the buildings to appear smaller than I'd remembered, the streets to seem shorter and narrower, and, given how the Qaddafi regime had mismanaged the country, everything to be shabbier.


2013 ◽  
Vol 405-408 ◽  
pp. 3391-3395 ◽  
Author(s):  
Xue Li Wang ◽  
Shan Hua

This paper studied that the factors influencing Chinese real estate price. And that the land prices, the macroeconomic situation, the annual income of the households, the process of urbanization, the credit policy, the psychological expectations of consumers, the market investment or speculation, the governments regulation policy etc, Are all the influence factors of real estate prices. And the analysis results to develop appropriate policy recommendations for the healthy and sustainable development of the real estate market.


2022 ◽  
Vol 132 ◽  
pp. 01024
Author(s):  
Petr Junga ◽  
Radka Smolinská ◽  
Tomáš Krulický ◽  
Veronika Machová

The aim of the paper is an application of the basic principles in determining rental housing prices and factors that may affect them. In the experimental part, an analysis of rental housing in the city of Brno is performed for the 2020 – 2021 period affected by the covid-19 pandemic. The analysis is processed for individual city districts and divided according to apartment layout. Finally, all outputs are compared and the real estate market development is determined with a focus on the biggest changes and their occurrence.


2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Qing Liu

At this stage, broadening the consumer market, upgrading the consumption system and gradually establishing a consumption-led development concept are key factors in promoting high-quality economic development. At the same time, China's macro economy is also experiencing another test. The rapid development of China's real estate market in recent years has attracted a large number of investors, and real estate prices have produced irrational and substantial increases. Behind the boom of the real estate market is a social system crisis driven by profiteering and the growing seriousness of real estate financial bubble. So exploring the mechanism of the influence of real estate prices on the upgrading of residents' consumption is important for the current stage of China. Therefore, it is important to investigate the mechanism of real estate price impact on consumer upgrading for the coordinated development of real estate industry and national economy. In this paper, we analyze and examine the theory on the consumption improvement by the literature survey method. We also summarize the present research on the correlation and the influence mechanism of the real estate price and the consumption improvement and choose the index which reflects the present state of the real estate industry and the consumption of the inhabitant. Besides the input indicators that qualitatively manage the impact of housing prices on the improvement of residents' consumption, we first use the descriptive statistics method to understand the level of the Chinese real estate market and improve consumer spending. Based on this, the descriptive statistical method is applied to define the current state of China's real estate market and the level of improvement in consumption, and to define the standard for improving consumption in China. On the other hand, based on the spatial and spatial spillover points of view, we use spatial analysis framework combined with exploratory spatial data analysis and GIS to investigate spatial correlation between consumption structure and housing price, and accurately reflect the spatial clustering status of the index by drawing. Moran dispersion plot and Lisa cluster plot, then the spatial Darwinian model, are used to investigate the impact of real estate prices on the increase in occupant consumption from a macro perspective.


2020 ◽  
Vol 13 (7) ◽  
pp. 224
Author(s):  
Eddison T. Walters

Data analysis in recent studies by the current researcher presented evidence suggesting the existence of a real estate bubble preceding the Global Financial Crisis of 2007 and 2008 was a false conclusion. Data analysis from Walters (2019) resulted in 194.041 Mean Dependent Variable, 0.989 Adjusted R-square, 5.908 Square Error of Regression, and 488.726 Sum-of-Square Residual, from nonlinear regression analysis with the independent variable of “advancement in technology”, which proved to be the most significant factor causing the dependent variable of “home purchase price” to increase preceding the Global Financial Crisis of 2007 and 2008. Based on the findings of data analysis in Walters (2019), the researcher concluded the data confirmed the assertion agreed upon by Alan Greenspan and Ben Bernanke, it was impossible to have a real estate bubble, while citing the Efficient Market Hypothesis in 2005. Subsequent to 2005, alternative attempts to explain the existence of a real estate bubble were made by both former Chairmen of the Federal Reserve Board. Subprime lending and low interest rates were ruled out as the cause of the Global Financial Crisis of 2007 and 2008 in Walters (2019). As a result of the findings from Walters (2019), further investigation to gain an understanding of the impact of how the rapid adaption of advancement in technology influence on the rapid increase in home purchase price preceding the Global Financial Crisis of 2007 and 2008 is required. The purpose of this study is to gain an understanding of the role the rapid adaption of advancement in technology played in the mortgage industry and real estate industry in the United States, and the influence on to the rapid increase in home purchase prices preceding the Global Financial Crisis of 2007 and 2008 as a result of the changes. Insight into the rapid transformation of the mortgage industry and the real estate industry in the United States, and the role the transformation played in the crisis is a critical factor to understanding the impact of advancement in technology on the real estate market in the United States preceding the Global Financial Crisis of 2007 and 2008. Failure to consider the impact of rapid adaption of advancement in technology on the mortgage industry and real estate industry, and the transformation of the real estate market preceding the Global Financial Crisis 2007 and 2008, was a significant error which led to the false conclusion of the existence of a real estate bubble. An understanding of how the rapid transformation of the real estate market as a result of advancement in technology in the United States preceding the Global Financial Crisis of 2007 and 2008, will provide the critical knowledge to evaluate mistakes leading to the false conclusion of a real estate bubble preceding the crisis. The information gained from the current study will help avoid a future financial crisis of the same magnitude.


2013 ◽  
Vol 444-445 ◽  
pp. 1781-1786 ◽  
Author(s):  
Yu Mei Sun ◽  
Li Guang Wu

The price of real estate is influenced by many factors, and its the most important and the most direct reflection of the market of real estate,this study combines the historical prices with some other factors like the level of urbanization, based on that Kunming is the object of study, through establishing GM(1,N) model to forecast the Kunming real estate price, uses the method which combines the theory with empirical to research, and checks its accuracy, trying to make up for the short that we cant use the mathematic formula to describe the relation between the price and economically variables, compiling MATLAB command is to solve the tedious calculation of GM (1, N), hoping it can provide some guidance and scientific reference for the investment decision of the real estate.


2019 ◽  
Vol 86 ◽  
pp. 00009
Author(s):  
Krzysztof Butryn ◽  
Elżbieta Jasińska ◽  
Oleksandra Kovalyshyn ◽  
Edward Preweda

The construction of such a large road facility as the city beltway can not have an impact on the environment. In addition to the obvious benefits to transport, attention should be paid to the environment of the area, in particular noise and air pollution. In December 2017, the Minister of Infrastructure and Construction signed the investment program for the implementation of the northern Krakow bypass road. General Directorate for National Roads and Motorways, the Kraków branch has announced an open tender for its implementation into the EU. Today, in our tender for the design and construction of the northern bypass road of Krakow, 8 offers was received. All tenderers give the date of completion of all works within 47 months. The length of the two-lane section of the beltway is about 12 km, each roadway will have 3 lanes. The POK (North Beltway od Cracow) will run mostly in the area of the Zielonki commune, through the towns of: Zielonki, Bibice, Węgrzce, Bosutów, Dziekanowice and Batowice. The analysis carried out show a very large increase in the value of real estates located in the northern part of Krakow and adjacent areas in recent years. According to the authors, the construction of the northern beltway and easier access to the center of Krakow through the modernization of the November 29 avenue will contribute to even greater interest in real estates located in this area. Real estate prices will certainly increase, rather only at the beginning of the investment. Residents will gain the comfort of an alternative transport line, but there will also be an increase in noise and air pollution, which is a particularly important problem in and around Krakow. The article presents the validation of these three issues in relation to changes in the real estate market in the commune of Zielonki.


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