The Impact of Gatekeepers and Urban Managers on Access to Land for Residential Real Estate Development in Lagos State, Nigeria

2012 ◽  
Author(s):  
Moruf Alabi ◽  
Gersh Henshaw
Keyword(s):  
Real Estate ◽  
Real Estate Development ◽  
Residential Real Estate ◽  
Lagos State ◽  
The Impact

scholarly journals Exploring the Impact of Individual Characteristics Associated with Government Officials on the Severity of Real Estate Corruption

2019 ◽  
Vol 11 (12) ◽  
pp. 3351
Author(s):  
Hongxia Zhang ◽  
Yan Song ◽  
Chaosu Li ◽  
Qi Liu ◽  
Huatai Cui ◽  
...  
Keyword(s):  
Real Estate ◽  
Social Sustainability ◽  
State Intervention ◽  
Individual Characteristics ◽  
Real Estate Development ◽  
Government Officials ◽  
Economic Competition ◽  
Key Factor ◽  
The Impact ◽  
Determinant Factor

In China, corruption by government officials in the field of real estate has increased at an unprecedented pace, which poses a huge threat to social sustainability. To date, scholars have primarily focused on the macroscopic determinant factors of corruption such as state intervention and economic competition; however, much less is known about the microscopic determinant factor of corruption. In this study, we use an analytical model to evaluate how individual characteristics of government officials involved in corruption cases influence and predict the scale of corruption in these cases. Based on data collected from 135 cases, the results show that age is not a key factor that affects the severity of real estate corruption; however, characteristics associated with amounts of power and levels of involvement in corruption significantly affect the severity of real estate corruption. Therefore, we propose the following countermeasures: (1) take into account the micro determinants of real estate corruption, (2) focus supervision on officials in charge of departments, key position managers, and top leaders, (3) reform the governance of each phase of real estate development and governmental involvement, and (4) enhance auditing during officials’ tenures and limit the possibility of promoting officials who have participated in corruption.

The Impact of Hurricanes on the Selling Price of Coastal Residential Real Estate

2017 ◽  
Vol 26 (2) ◽  
pp. 157-178 ◽  
Author(s):  
Scott Below ◽  
Eli Beracha ◽  
Hilla Skiba
Keyword(s):  
Real Estate ◽  
Selling Price ◽  
Residential Real Estate ◽  
The Impact

Impacts of property taxation on residential real estate development

2013 ◽  
Vol 22 (1) ◽  
pp. 45-53 ◽  
Author(s):  
Richard W. England ◽  
Min Qiang Zhao ◽  
Ju-Chin Huang
Keyword(s):  
Real Estate ◽  
Real Estate Development ◽  
Residential Real Estate ◽  
Property Taxation

scholarly journals International Real Estate Review

2017 ◽  
Vol 20 (1) ◽  
pp. 51-73
Author(s):  
Steven Stelk ◽  
◽  
Leonard V. Zumpano ◽  
Keyword(s):  
Real Estate ◽  
Selection Bias ◽  
Real Estate Market ◽  
Residential Real Estate ◽  
Market Conditions ◽  
Home Prices ◽  
Boom And Bust ◽  
The Impact

This study investigates the impact of the brokerage market on home prices in both a seller's market (2006) and a buyer's market (2009). In both years, homes sold with brokerage assistance realized higher prices when compared with homes sold without the aid of a broker, even after controlling for selection bias in the seller¡¦s choice to use a broker. This is the first study that uses a national dataset from extreme boom and bust markets that has documented evidence of price segmentation in the residential real estate market. The findings may be the result of the market conditions in 2006 and 2009.

scholarly journals Assessment of the Impact of Public Transport Accessibility on the Value of Urban Residential Real Estate

2021 ◽  
Vol 20 (1) ◽  
pp. 62-83
Author(s):  
E. V. Leontev ◽  
◽  
I. A. Mayburov ◽  
Keyword(s):  
Real Estate ◽  
Public Transport ◽  
Real Estate Market ◽  
Transport Infrastructure ◽  
Lower Sensitivity ◽  
Residential Real Estate ◽  
Metro Station ◽  
Average Value ◽  
The Cost ◽  
The Impact

Currently, analysis of the impact of public transport on real estate and its value is widely demanded in the world. The analysis is used to plan investments in public transport and the efficiency of public transport networks. In Russia, such studies have been carried out mainly in the framework of the evaluation of specific properties, which does not make it possible to macroanalyze the urban public transport environment and compare them with each other. The aim of the work is to study the influence of the proximity of public transport infrastructure on the cost of urban residential real estate, to determine the average value of such an impact for Yekaterinburg. In this study, we intend to confirm the hypothesis about different influence of the proximity of a public transport stop on the cost of housing, taking into account the different set of attributes that characterize it. The calculations were carried out using the analysis of the supply of the real estate market, carried out with the method of multiple regression, simultaneously with the geo-positioning of real estate units on the map to calculate the distance of each object to the nearest public transport stop of a certain type. Based on the results of the calculations, a global tendency towards a higher cost of the properties that are close to tram stops or metro stations in Yekaterinburg is confirmed, and the share of the value of a property generated by the proximity of a public transport stop was calculated. The authors confirmed the hypothesis about varying sensitivity of residential real estate to the proximity of public transport stops. Newer homes have lower sensitivity to proximity to public transport stops than older ones. The obtained empirical evidence of the influence of public transport infrastructure on the value of residential real estate demonstrates the most significant contribution to the value of a real estate object, the proximity to the metro station in Yekaterinburg (3.0 – 12.0%). The tram infrastructure showed a slightly lower impact on the total cost of the facility (3.2 – 8.8%). The revealed interdependencies make it possible to apply the obtained data to forecasting the growth of the taxable base for property tax during the construction of new transport lines.

scholarly journals The Role of Macroprudential Policy in Bank Housing Loans Portfolio Quality Assurance

2021 ◽  
Vol 59 (2) ◽  
pp. 281-296
Author(s):  
Mirela Mitrašević
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
Residential Real Estate ◽  
Macroprudential Policy ◽  
Mortgage Loans ◽  
Real Estate Markets ◽  
The Real Estate ◽  
Business Conditions ◽  
Policy Measures ◽  
The Impact

Abstract The subject of this paper is the contemporary trend in residential real estate markets in European countries and their impact on the quality of banks’ housing loan portfolios. Due to the fact that these are the markets that still have not fully recovered from the previous financial crisis, and at the time of writing were exposed to significant uncertainty related to the effects of specific business conditions caused by COVID-19, the research on the risks related to these markets and tools which can mitigate their consequences are of paramount importance. Given the fact that the importance of monitoring the emergence of systemic risks in the financial system and the design of macroprudential tools for Bosnia and Herzegovina is yet to come, one of the aims of the paper is to present the results of the research on the effectiveness of certain macroprudential policy measures for mitigating the impact of price fluctuations in residential real estate markets. A special attention is paid to the challenges that the real estate market and mortgage loans have been facing during the crisis caused by the COVID-19 pandemic. The paper provides a basis for future researches examining to which extent the applied macroprudential policy measures in some countries have been effective in hitherto unprecedented business conditions

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