scholarly journals Omitted Mobility Characteristics and Property Market Dynamics: Application to Mortgage Termination

2006 ◽  
Author(s):  
Xudong An ◽  
Yongheng Deng ◽  
John M. Clapp
Keyword(s):  
Market Dynamics ◽  
Property Market ◽  
Mortgage Termination

Stamp Duty Policy, Housing Speculation, and Property Market Dynamics

2020 ◽  
Author(s):  
Sumit Agarwal ◽  
Kwong Wing Chau ◽  
Maggie Hu ◽  
Wayne Xinwei Wan
Keyword(s):  
Market Dynamics ◽  
Property Market ◽  
Stamp Duty

A “family of cycles” – major and auxiliary business cycles

2014 ◽  
Vol 32 (3) ◽  
pp. 306-323 ◽  
Author(s):  
Arvydas Jadevicius ◽  
Simon Huston
Keyword(s):  
Systematic Review ◽  
Business Cycles ◽  
Design Methodology ◽  
Market Dynamics ◽  
Property Market ◽  
Proper Understanding ◽  
Content Type ◽  
Market Participants ◽  
Practical Implications

Purpose – The paper aims to discuss the major and auxiliary types of cycles found in the literature. Design/methodology/approach – The existence of cycles within economy and its sub-sectors has been studied for a number of years. In the wake of the recent cyclical downturn, interest in cycles has increased. To mitigate future risks, scholars and investors seek new insights for a better understanding of the cyclical phenomenon. The paper presents systematic review of the existing copious cyclical literature. It then discusses general characteristics and the key forces that produce these cycles. Findings – The study finds four major and eight auxiliary cycles. It suggests that each cycle has its own distinct empirical periodicity and theoretical underpinnings. The longer the cycles are the greater controversy which surrounds them. Practical implications – Cycles are monumental to a proper understanding of complex property market dynamics. Their existence implies that economies, whilst not deterministic, have a rhythm. Cyclical awareness can therefore advance property market participants. Originality/value – The paper uncovers four major and eight auxiliary types of cycles and argues their importance.

Strange attractor in the Auckland commercial property market

2020 ◽  
Vol 38 (6) ◽  
pp. 579-596
Author(s):  
Moshe Szweizer
Keyword(s):  
Chaos Theory ◽  
Mathematical Reasoning ◽  
Market Dynamics ◽  
Property Market ◽  
General Behaviour ◽  
Content Type ◽  
Commercial Property ◽  
Market Conduct ◽  
Property Markets ◽  
Market Behaviour

PurposeThe purpose of this study is to provide a chaos theory-based framework, which can be used to model commercial property market dynamics.Design/methodology/approachThe paper is presented in two parts. In the first, rigorous mathematical reasoning is entertained, so to derive an attractor describing a set of feedback formulae. In the second part, the attractor definition is used to model the Auckland commercial office market. The model is exposed through a set of seven scenarios allowing for analysis of the market behaviour under various exogenously imposed conditions.FindingsThe general behaviour of the model is in agreement with the commercial property market conduct observed in Auckland. The model provides information related to the market turning points and allows for an explanation of some intricate market dynamics. These include the anatomy of a market peak and its response to the liquidity oversupply.Practical implicationsThe model may be used to expand our understanding of the market performance under various exogenically imposed conditions, which allows for planning of market interventions in a more refined manner.Originality/valueThe paper is original, in the way the chaos theory is applied to the property markets modelling and allows for expanding the understanding of the market behaviour.

scholarly journals Investigating retail property market dynamics through spatial accessibility measures

2019 ◽  
Vol 12 (2) ◽  
pp. 155-172 ◽  
Author(s):  
Adejimi Alli Adebayo ◽  
Paul Greenhalgh ◽  
Kevin Muldoon-Smith
Keyword(s):  
Space Syntax ◽  
Statistical Testing ◽  
Spatial Accessibility ◽  
Market Dynamics ◽  
Data Sets ◽  
Property Market ◽  
Street Network ◽  
Content Type ◽  
Retail Property ◽  
Rental Value

Purpose The retail property market is constantly adopting to the continuous demand of retailers and their consumers. This paper aims to investigate retail property market dynamics through spatial accessibility measures of the City of York street network. It explores how spatial accessibility metrics (SAM) explain retail market dynamics (RMD) through changes in the city’s retail rental values and stock. Design/methodology/approach Valuation office agency (VOA) data sets (aspatial) and ordnance survey map (spatial) data form the empirical foundation for this investigation. Changes in rental value and retail stock between 2010 and 2017 VOA data sets represent the RMD variables. While, the configured street network measures of Space Syntax, namely, global integration, local integration, global choice and normalised angular choice form the SAM variables. The relationship between these variables is analysed through geo-visualisation and statistical testing using GIS and SPSS tools. Findings The study reveals that there has been an overall negative changes of 15 and 22% in rental value and retail stock, respectively, even though some locations within the sampled city (York, North Yorkshire, England) indicated positive changes. The study further indicated that changes in retail rental value and stock have occurred within locations with good accessibility index. It also verifies that there are spatial and statistical relationship between variables and 22% of RMD variability was jointly accounted for by SAM. Originality/value This research is first to investigates changes in retail property market variables through spatial accessibility measures of space syntax. It contributes to the burgeoning research field of real estate and Space Syntax.

New forms of intra-European migration, labour market dynamics and social inequality in Europe

2014 ◽  
Vol 11 (2) ◽  
pp. 125-136 ◽  
Author(s):  
Roland Verwiebe ◽  
Laura Wiesböck ◽  
Roland Teitzer
Keyword(s):  
Labour Market ◽  
Social Inequality ◽  
Social Stratification ◽  
Labour Markets ◽  
Second Step ◽  
Market Dynamics ◽  
Migration Patterns ◽  
European Continent ◽  
The Past ◽  
European Migration

This article deals mainly with new forms of Intra-European migration, processes of integration and inequality, and the dynamics of emerging transnational labour markets in Europe. We discuss these issues against the background of fundamental changes which have been taking place on the European continent over the past two decades. Drawing on available comparative European data, we examine, in a first step, whether the changes in intra-European migration patterns have been accompanied by a differentiation of the causes of migration. In a second step, we discuss the extent to which new forms of transnational labour markets have been emerging within Europe and their effects on systems of social stratification.

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