scholarly journals International Real Estate Review

2009 ◽  
Vol 12 (2) ◽  
pp. 171-192
Author(s):  
Yan Li ◽  
◽  
AHongling Guo ◽  
Yaowu Wang ◽  
Feng Wang ◽  
...  
Keyword(s):  
Control System ◽  
Information Systems ◽  
Real Estate ◽  
Warning System ◽  
Real Estate Market ◽  
Market Mechanism ◽  
Market Regulation ◽  
Continuous Increase ◽  
The Real Estate ◽  
Efficient Information

With the continuous increase of marketization and normalization in the Chinese real estate market, the market mechanism now plays an important role in market regulation. The existing macro-control system for the real estate market, however, appears to lack the ability to regulate it. Thus, an effective and efficient information-oriented tool is needed to guide the development of China’s real estate market. The research reported herein constructs a new macro-control system for this market that is based on information systems, specifically, a real estate warning system, a confidence index system, and a simulation system. This paper first presents the framework of the new information systems-based macro-control system, and its functions are analyzed. The methods of constructing the system are then discussed. Based on these methods, the index systems of the respective information systems are established, and the main models are presented. Finally, a case study that is based on survey data from the Shenzhen real estate market is described to demonstrate the applicability of the new macrocontrol system.

Business Geography and New Real Estate Market Analysis.

2002 ◽  
Author(s):  
Grant Ian Thrall
Keyword(s):  
Land Use ◽  
Information Systems ◽  
Geographic Information Systems ◽  
Real Estate ◽  
Real Estate Market ◽  
Market Analysis ◽  
Location Decision ◽  
Basic Principles ◽  
The Real Estate ◽  
Location Science

This work focuses on integrating land-use location science with the technology of geographic information systems (GIS). The text describes the basic principles of location decision and the means for applying them in order to improve the real estate decision.

scholarly journals Managing Bubbles in the Korean Real Estate Market: A Real Options Framework

2018 ◽  
Vol 10 (8) ◽  
pp. 2875 ◽  
Author(s):  
Kyungwon Kim ◽  
Jae Song
Keyword(s):  
Real Estate ◽  
Real Options ◽  
House Price ◽  
Investment Strategy ◽  
Real Estate Market ◽  
Market Mechanism ◽  
The Real Estate ◽  
Early Exercise ◽  
Related Information ◽  
Real Options Valuation

The aim of this paper is to propose a real options framework to measure and manage bubbles in the Korean real estate market. The proposed framework carefully defines and utilizes the unique leasing mechanism in Korea, called the Jeonse system, a tentative contract for one or two years with a large amount of deposit, to represent the value of residence. Furthermore, the proposed framework applies the volatility with heteroscedasticity to improve the numerical accuracy in comparison to the traditional real options valuation model. The results of the model ultimately suggest the investment strategy that takes into account the measured bubbles in the market. Specifically, given that the Korean real estate market could be regarded as an American option, the investment strategy with early exercise completely eliminates the existing arbitrage opportunities in both long and short positions. In this context, the investment decisions based on the results of the proposed framework are expected to encourage the reflection of bubble-related information in the market, which eventually reduces the formation of bubbles via market mechanism for arbitrage elimination. In conclusion, the bubble-related information obtained from the model is expected to contribute to the stability of the real estate market by reducing the volatility of house price and quick price adjustment to new information.

scholarly journals Analysis of the National Real Estate Market Risk Management under the National Macro-Control Policy—Take Jinan as an Example

2020 ◽  
Vol 5 (4) ◽  
pp. 232
Author(s):  
Shijiang Guo ◽  
Dong Wang ◽  
Linghong Zeng
Keyword(s):  
Risk Assessment ◽  
Real Estate ◽  
Control Policy ◽  
Real Estate Market ◽  
Practical Significance ◽  
Market Regulation ◽  
The Real ◽  
The Real Estate ◽  
Qualitative Risk Assessment ◽  
The Real Estate Market

<p>In recent years, the real estate market regulation and control policies have been issued intensively, and the regulatory means have been more focused on “implementing policies according to the city”. On the whole, the important position of real estate as the pillar of our national economy has not changed, but many new characteristics have been derived from the industry. In this article, the real estate market in Jinan from 2010 to 2019 is selected, and the risk assessment and management of real estate market in Jinan City are analyzed by using the method of quantitative and qualitative risk assessment. Combined with the results of risk assessment, corresponding management countermeasures are put forward, which has certain practical significance.</p>

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