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The chapters of this book synthesize papers on the inter-related topics of urban economics, real estate, transportation and public policy and include applied and empirical research on a variety of sub-topics. These include innovative econometric techniques that are applied to timely problems, such as impacts of flooding in Vancouver, BC Canada on property values; and the determinants of traffic accident fatalities in the US and in Thailand. There are also chapters on more policy-oriented issues, such as the impacts of Covid-19 on real estate in Toronto, ON Canada. The book will appeal to the interest of academics, policy-makers, planners, and geographers.

Autorzy monografii postanowili przeprowadzić, w pewnym ograniczonym zakresie, analizę rynku nieruchomości i potencjalnych kierunków jego rozwoju. Owo ograniczenie zostało sprowadzone do poszukiwania i kształtowania efektywności rynku nieruchomości w Polsce. Potrzeba ciągłych badań rynku i określania sytuacji na rynku nieruchomości wynika z tego, że wiedza wszystkich interesariuszy jest kształtowana w dużej części na historycznych danych rynkowych i może nie być wystarczająca do przeprowadzania wieloaspektowych analiz rynkowych, np. przedsięwzięć deweloperskich. Powodem, dla którego należy prowadzić badania lokalnego rynku mieszkaniowego, jest także fakt, że każdy z interesariuszy oczekuje określonej efektywności na rynku nieruchomości. Ta zaś może się pojawić tylko wtedy, gdy prawidłowo odczytane zostaną pewne zmienne, takie jak preferencje mieszkaniowe (jakich mieszkań szukają kupujący) czy podaż (oferta) mieszkań na lokalnym rynku (co sprzedaje konkurencja).

This book deals directly with the risk/return multiple trade-offs coming out of the closely intertwined relationship between banking and real estate. The authors explore how banks could embrace a more proactive approach to make the most of their, mostly ‘long only', exposure to real estate, and create positive spillover effects on their real estate counterparts and the sector as a whole. It provides a'state of the art'representation and analysis of the strategies that best practices in banking are adopting to manage these issues and plan for a new set of interrelations, driving a'virtuous circle'as opposed to the current one. Banking, Lending and Real Estate is built on the academic knowhow and professional expertise of the authors, who have been researching, writing and working on this joint topic for over a decade. With its pragmatic approach, it allows the reader to capture which leading hedge active and holistic approaches are available today and proven to treat, for example, the banks'overexposure to this asset class; to manage'unlikely to pay'and sub-performing positions; and to optimize the recovery value coming from the work out of real estate related NPL (and underlying assets). Case studies and relevant examples are provided, leveraging on the authors'experience in consulting projects in the EMEA region and from working with global, regional and domestic banks and the real estate players acting across its value chain.This book will appeal to both academics and business practitioners within the banking, financial services and real estate sectors, as well as professionals from financial and strategic/industrial advisory working in those fields.

Gut informierte Immobilieninteresenten kaufen besser! Wenn es um den Erwerb einer Wohnung oder den Bau eines Hauses geht, steht schließlich enorm viel Geld auf dem Spiel. Für viele Menschen sind das Summen, mit denen sie sich im Normalfall kaum einmal auseinandersetzen müssen. Umso wichtiger ist es, wirklich gut Bescheid zu wissen: etwa über Fallstricke, die das vermeintliche Immobilienschnäppchen zu einer schlussendlich teuren Angelegenheit werden lassen, über Verpflichtungen, die man als Käufer einer Wohnung gegenüber der Hausgemeinschaft eingeht, über mögliche Zusatzkosten, über Baumängel und vieles mehr.Dieser Ratgeber bietet eine Übersicht über die wichtigsten Punkte, die bei einem Immobilienkauf oder einem Hausbau zur Sprache kommen sollten. Die einzelnen Begriffe werden verständlich und ohne'Fachchinesisch'erklärt. Das Buch ist eine gute Basis für den erfolgreichen Immobilienkauf und kann vor so mancher'Wenn ich das doch früher gewusst hätte'Falle bewahren!

This book examines the relationship between the property market and urban economy. The stimulus for this work was provided by the seemingly ever-accelerating process of urban economic change and the noticeable failure of existing studies to adequately explore the pivotal role that the property market plays in this process. Drawing on institutional economics, the central argument of the book is that the property market as an institution is a mediator through which urban economic potential can be realised and served. In developing this argument, the book provides a critical realist ontological framework that advances understanding of the institutional structure of the economy and the complex interrelation between the institutional environment and human agency, as well as a holistic theoretical framework of urban economic change, where appropriate emphasis is placed on the specific mechanisms, processes and dynamics through which the built environment is provided. Arvanitidis also explores an institutional conceptualisation of property market efficiency, defined in terms of the ability of the market institution to adapt its structure and to provide outcomes that the economy requires. To inform empirical research on the developed concepts, the book also offers a generic analytical approach specifying appropriate research methods and techniques for investigation along with a specific research design providing an operational framework that translates developed theory into empirical practice. The book's primary contribution therefore lies in its delineation of a holistic research programme to conceptualise the property market as an institution and to explore its role within the urban economy.