scholarly journals The Australian Residential Property Market: A Study on Foreign Real Estate Investment

10.29007/lb9p ◽  
2018 ◽  
Author(s):  
Peng Wong ◽  
Ron Wakefield
Keyword(s):  
Real Estate ◽  
Foreign Investment ◽  
Global Financial Crisis ◽  
Market Performance ◽  
House Price ◽  
Asia Pacific ◽  
Residential Property ◽  
Property Market ◽  
Real Estate Investment ◽  
The Relationship

This research focuses on determining the significance of foreign investment in the Australian residential property market subsequent to the Global Financial Crisis 2008. Quantitative models built on secondary data were tested on two residential property markets comprising Metropolitan Melbourne and a key suburb in the Victoria State, Australia. The relationship between the house price performances and various leading offshore and local Australian economic indicators were assessed. As a result of the increasing relevance of globalisation and Asia Pacific private wealth in the Australia, foreign real estate investment has impacted significantly the Melbourne residential property market performance. The result of this study provides a better understanding on the relationship between the Australian residential property market performance and the emerging significance of the foreign investment drivers. A better understanding of these foreign investment determinants will assist policy makers to effectively manage the Australian residential property market without compromising the steady flow of foreign real estate investment. The result of this study is believed to yield findings that can assist the researcher, property market operators and investors in the evaluation of foreign investments in the Australia residential housing market.

scholarly journals On Selecting Approaches to Analysis of the Residential Property Market

2019 ◽  
Vol 10 (2) ◽  
Author(s):  
Natalya Kovalevskaya ◽  
Vladislav Tyunkov
Keyword(s):  
Real Estate ◽  
Residential Property ◽  
Property Market ◽  
Dual Nature ◽  
Factors Affecting ◽  
Market Participants ◽  
Consumer Interests ◽  
Private Investors ◽  
The Impact ◽  
Private Individual

The article examines the issues of developing the residential property market taking into account the specifics of real estate as an object of the economic analysis. It reveals the terms of implementing economic interest in investing in residential property, identifies the features inherent in the residential property market as investment and commodity markets. It analyses the dual nature of real estate which explains the development of investment and consumer interests of the residential property market participants. The article analyses the interrelation of «saving - investment - consumption» at the level of implementing private (individual) interests of economic subject. It makes a comparison of various investment assets in terms of their attractiveness for private investors, depending on various factors affecting the decision to invest. It analyses the terms that allow to fully disclose the investment or consumer aspects of the residential property market. It considers the impact of the governmental investment policy directed at supporting and promoting development aspects of the residential property market.

Rent or buy, what are the odds? Analysing the price-to-rent ratio for housing types within the Northern Ireland housing market

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Daniel Lo ◽  
Michael James McCord ◽  
John McCord ◽  
Peadar Thomas Davis ◽  
Martin Haran
Keyword(s):  
Housing Market ◽  
House Prices ◽  
House Price ◽  
Main Property ◽  
Property Market ◽  
Important Indicator ◽  
Content Type ◽  
Rental Market ◽  
Price Series ◽  
The Relationship

Purpose The price-to-rent ratio is often regarded as an important indicator for measuring housing market imbalance and inefficiency. A central question is the extent to which house prices and rents form part of the same market and thus whether they respond similarly to parallel stimulus. If they are close proxies dynamically, then this provides valuable market intelligence, particularly where causal relationships are evident. Therefore, this paper aims to examine the relationship between market and rental pricing to uncover the price switching dynamics of residential real estate property types and whether the deviation between market rents and prices are integrated over both the long- and short-term. Design/methodology/approach This paper uses cointegration, Wald exogeneity tests and Granger causality models to determine the existence, if any, of cointegration and lead-lag relationships between prices and rents within the Belfast property market, as well as the price-to-rent ratios amongst its five main property sub-markets over the time period M4, 2014 to M12 2018. Findings The findings provide some novel insights in relation to the pricing dynamics within Belfast. Housing and rental prices are cointegrated suggesting that they tend to move in tandem in the long run. It is further evident that in the short-run, the price series Granger-causes that of rents inferring that sales price information unidirectionally diffuse to the rental market. Further, the findings on price-to-rent ratios reveal that the detached sector appears to Granger-cause those of other property types except apartments in both the short- and long-term, suggesting possible spill-over of pricing signals from the top-end to the lower strata of the market. Originality/value The importance of understanding the relationship between house prices and rental market performance has gathered momentum. Although the house price-rent ratio is widely used as an indicator of over and undervaluation in the housing market, surprisingly little is known about the theoretical relationship between the price-rent ratio across property types and their respective inter-relationships.

scholarly journals Contrarian Real Estate Investment in Some Asia Pacific Cities

2007 ◽  
Vol 24 (2) ◽  
pp. 159-190
Author(s):  
Kwame Addae‐Dapaah ◽  
Kim Hin/David Ho ◽  
Yong Hua Chua
Keyword(s):  
Real Estate ◽  
Asia Pacific ◽  
Real Estate Investment

scholarly journals Considerations regarding the Particularities of Credit Agreements for Consumers relating to Immovable Property according to the Provisions of Government Emergency Ordinance no. 52/2016

2020 ◽  
Vol 8 (2) ◽  
pp. 17-34
Author(s):  
Georgeta Cretu ◽  
Camelia Spasici
Keyword(s):  
Real Estate ◽  
Practical Interest ◽  
Material Object ◽  
Residential Property ◽  
Property A ◽  
Real Estate Investment ◽  
The Real Estate ◽  
Estate Property ◽  
Credit Agreement ◽  
General Perspective

As part of the transposition procedure into the national legislation of Directive 2014/17/EU on credit agreements for consumers relating to real estate immovable properties, was adopted Government Emergency Ordinance no. 50/2010 on credit agreements for consumers. The provisions of the normative acts are should apply exclusively for: credit agreements for consumers who sell immovable property, credit agreements secured by mortgages on real estate property and credits agreements involving a legal right related to residential immovable property. A credit agreement for consumers is the agreement through which a creditor grants or promises to grant to a consumer a credit to acquire an immovable residential property in the form of a deferred payment, loan or any other similar accommodation. According to the law, residential immovable property means the land or an existing or projected building that is the object of a real estate investment. The real estate investment may consist in: acquiring the property rights in a residential immovable property through legal acts by onerous title, improving a residential immovable property, refurbishing, rehabilitating, consolidating or extending it etc. The study of the normative acts mentioned above presents theoretical and practical interest from the general perspective of consumer protection and, in particular, through the economic and legal importance of the material object of credit agreements, respectively the residential immovable property. This paper is structured in three parts: “The Consumer Credit – an Overview”, “Credit Agreements Secured by a Mortgage” and “Credit Agreements for Consumers Relating to Residential Immovable Property”.The legal approach ends with conclusions.

scholarly journals SIGNIFICANCE AND PERFORMANCE OF PROPERTY MARKETS IN MALAYSIA

2021 ◽  
Vol 19 (17) ◽  
Author(s):  
Mohd Haris Yop
Keyword(s):  
Real Estate ◽  
Business Environment ◽  
Real Estate Market ◽  
Study Data ◽  
Asia Pacific ◽  
Property Market ◽  
Transparency International ◽  
And Performance ◽  
Environment Index ◽  
Property Markets

The importance of the global real estate market has been widely debated over the last decade. Prior discussion has focused on various aspects of analysis used to evaluate the performance of the property market, such as statistical analysis, surveys, academic or industrial literature. As a result, it is also necessary to examine the global and Asian property markets while also evaluating the significance and performance of the Malaysian property market in comparison to other Asian markets to determine Malaysia's international contribution to the global property market. The performance of Malaysia's property market from 2015 to 2018 was examined in this study. Data was gathered using Thomson Router Data Stream from Real Capital Analytic, Asia Pacific Real Estate Association (APREA), World Economic Forum, and Transparency International, among others. The study's findings will extend knowledge not only of the performance and significance of the Malaysian property market, but also of GDP growth, inflation rate, market ranking global, competitiveness business environment index, corruption perception, and risk and transparency index in Malaysia and across Asian countries. The overall results indicate that the performance and signs of the Malaysian real estate market were better compared to other Asian and developing markets.

Spatial Deployment of the Chinese Property Market (2010–2016)

2019 ◽  
Vol 55 (03) ◽  
pp. 1950006
Author(s):  
ELFIE SWERTS
Keyword(s):  
Real Estate ◽  
Direct Investment ◽  
Multinational Firms ◽  
Spatial Location ◽  
Real Estate Market ◽  
Property Market ◽  
Real Estate Investment ◽  
The Real Estate ◽  
Real Estate Sector ◽  
New Perspective

Real estate activities and companies in China have grown considerably since the major reforms of the late 1970s. This paper examines the spatial deployment of firms linked to the Chinese real estate market in Chinese cities in 2010, 2013 and 2016. It provides a first mapping of multinational firms specialized in the real estate sector. It describes the patterns of ownership networks built by financial links both between foreign multinational firms and Chinese firms and among multinational firms themselves. It therefore provides a new understanding about the penetration of both foreign direct investment (FDI) and Hong Kong’s role in the Chinese real estate market. This paper provides a comparison of the spatial location logics of these firms according to their Chinese or foreign origin and offers a new perspective on the geography of real estate investment by analyzing financial links between the Chinese and foreign cities involved.

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