Dissertations / Theses: 'Property market'

1

Tam, Sing-ki Simon, and 譚成基. "Hong Kong office property market." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1985. http://hub.hku.hk/bib/B31263422.

Full text

APA, Harvard, Vancouver, ISO, and other styles

2

Lizam, Mohd. "Property market relationship : price discovery and co-integration : a case study of the Malaysia property market." Thesis, University of Aberdeen, 2011. http://digitool.abdn.ac.uk:80/webclient/DeliveryManager?pid=185645.

Full text

Abstract:

This thesis examines the relationship between two property investment markets within the context of price discovery and co-integration. This thesis is different from other similar studies since the price discovery process is examined by employing a transaction based data. Using Malaysia’s property market as a case study provides this thesis with the opportunity to use transaction-based information. In addition, it has been noted that many studies on price discovery and co-integration have focused on markets that are mature and where the relevant market information is available. Since no similar information is available as far as Malaysia property market is concerned, this thesis requires the construction of a commercial property index. The construction of the index based on transaction information is a prerequisite for subsequent analyses. A hedonic method is considered for this task and the Ordinary Least Squares (OLS) estimator has been employed to produce respective indices. Vector Autoregressive as well as Engle and Granger Co-integration tests have then been employed to examine the relationship between direct and indirect markets. Findings from both analyses indicate that price discovery emerges from the indirect to the direct market. Evidence of long-run co-integration with faster adjustment towards equilibrium suggests no diversification benefit can be achieved between direct and indirect property markets. This finding reasserts the efficiency of indirect property markets in absorbing information. The originality of this thesis comes in the form of the data provided for the analysis. It has been recognised that this is not the first study to use transaction-based information. Nevertheless, the significant contribution of this thesis lies in the time-series data of direct commercial property which was developed from the market’s actual transaction information, none of which previously existed. A similar study is recommended for a mature property market that is transparent and open. Such markets seem to provide a direct property market that is much more efficient.

APA, Harvard, Vancouver, ISO, and other styles

3

Velev, Ivan Mitev. "Property rights and market institutions: The case of Russian property reform." Related electronic resource: Current Research at SU : database of SU dissertations, recent titles available full text, 2002. http://wwwlib.umi.com/cr/syr/main.

Full text

APA, Harvard, Vancouver, ISO, and other styles

4

Armitage, Lynne Audrey. "The role of property market analysis in the valuation of investment grade property." Thesis, Queensland University of Technology, 1999. https://eprints.qut.edu.au/36086/13/Lynne_Armitage_Thesis.pdf.

Full text

Abstract:

The determination of the value of investment grade property in Australia has been the subject of much criticism in the professional and, to a lesser extent, the public press in recent years. Two of the three principal components of the valuation process - those relating to the identification of the property and associated interests and to the calculation of value - have, as a consequence, benefited from closer scrutiny resulting in more rigorous practice. The third component, that of the analysis of the property in the market context, has notexperienced the same level of attention. It is the purpose of this study to more fully investigate the nature of the analysis of the property market process. This has been approached through two main avenues: literature review and empirical survey. The review of the academic and professional literature ranged across a number of related professional fields to establish the context of the study and then adopted a more specific focus on the relevant valuation literature. The first part of the literature review established that there was no consensus evident from the related professional and academic fields regarding the nature of the property market process to guide valuers. The second part indicated similar diversity between valuers - academic and professional. This discordance begged further enquiry which was undertaken through a postal survey of 1722 members of the Australian Institute of Valuers and Land Economists (AIVLE) (now the Australian Property Institute, API). The method adopted for the survey was to approach a number of practising valuers, through unstructured interviews to obtain a range of consensual themes around which a questionnaire was structured. These related to the background of the respondents, their views on market analysis and their identification of factors they consider important influences on the property market. A pilot survey was carried out, the questionnaire revised, then distributed and the 240 responses analysed using a segmentation (or multiple classification) approach. The analysis of the data yielded both narrative and statistical results, for which the responses were considered under four filter groups relating to duration of professional experience, academic qualification, stream of AIVLE membership and dominance of professional practice. The principal finding of the study is, that whilst valuers' views on the nature of the property market accord closely with those of the literature, when questioned further on the factors they consider important when undertaking a valuation, their focus is narrow, retrospective and property-based thereby supporting the criticisms found in the literature. The inference is that practising valuers have as clear an understanding of the property market process as do the commentators but do not demonstrate it in their work. The reasons for this may be a consequence of the respondents' education, their understanding of what is now appropriate in practice or it may be that they are merely responding to the limited expectations of many clients. These findings have implications for valuers' education and professional practice in the future when, as the valuation profession itself perversely recognises, it may be anticipated that valuation is likely to become a more rigorous process. This research has identified this paradox as a target for further study. In addition to identifying this paradox, other original contributions to knowledge which have emerged include a definition of property market analysis, comprehensive details of many aspects of valuers' education, experience and attitudes together with critical analysis and synthesis of the background and focal literature in this area - which has not previously been undertaken, most specifically in the Australian context. Comparative analysis of aspects of British, Australian and American literature has been made and the study concludes with a number of proposals for further research. These include more detailed investigation into the reporting of market analysis for specific property types; into the characteristics of Australian valuers compared to those overseas and further inquiry into identification of appropriate standards for market analysis, leading to the generation of benchmarks and parameters of quality and fitness for purpose which are of concern for the profession, for academics, educators and regulators.

APA, Harvard, Vancouver, ISO, and other styles

5

Lyons, Ronan C. "The economics of Ireland's property market bubble." Thesis, University of Oxford, 2013. http://ora.ox.ac.uk/objects/uuid:c8b7f52f-af24-45be-a2a4-b57ed9ebc26d.

Full text

Abstract:

This doctorate explores key aspects of the economics of housing by examining Ireland's housing market bubble of the early 2000s. For earlier chapters, the main source material is a previously unused dataset of almost two million property listings, covering the entire country from 2006 until 2012, maintained by property website daft.ie. An initial chapter outlines stylised facts of Ireland's housing market 2007-2012, including a greater spread of prices over property size in the crash but a narrower spread of rents. In contrast, the geographical spread of prices and rents was largely unchanged. The spread of rents was constrained relative to the spread of prices, suggesting either renter search thresholds or buyer "lock-in" effects. To examine which was at work, the daft.ie dataset is combined with information on a range of amenities, including landscape, transport, education, social capital and market depth. Overall, there is clear evidence that the rent effects of a range of amenities are smaller than the price effects. There is limited evidence of procyclical amenity pricing, which would indicate "lock-in" effects, with the analysis suggesting instead countercyclical pricing, or "property ladder" effects during the bubble. Results from these analyses are based on listed price and rents, rather than transaction prices. The relationship between the two is examined in a separate chapter, using an additional Central Bank of Ireland dataset on mortgages. The spread between list and sale prices gap that exists between the two is decomposed into four parts, a selection spread, a matching spread, a counteroffer spread and a drawdown spread. A selection spread of up to 10% emerged in the Irish housing market after 2009, while the counteroffer spread was positive before 2009 but negative for much of the period 2009-2011. The final chapter uses both inverted-demand and price-rent ratio methods to examine the long-run determinants of house prices in Ireland from 1980 on. In addition to careful treatment of standard fundamentals, it includes a measure of credit conditions as well as the ratio of persons to households, both contributions to the literature. The resulting inverted demand error-correction model shows a clear and stable long-run relationship, which is largely preserved when cointegration between series is explored. Similarly, a model of the price-rent ratio from 2000 shows clear error-correction properties. Together, they suggest that while a range of factors drove Irish house prices 1995-2001, credit conditions were largely responsible for the subsequent increase.

APA, Harvard, Vancouver, ISO, and other styles

6

Zhou, Xuan. "Informal institutional arrangements in China's property market." Thesis, University of Cambridge, 2012. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.610054.

Full text

APA, Harvard, Vancouver, ISO, and other styles

7

Wabineno, Oryema Lilian Mono. "A Real Property Register to Support the Property and Credit Market in Uganda." Doctoral thesis, KTH, Fastighetsvetenskap, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-183474.

Full text

Abstract:

An efficient property and credit market can be used by a government of a country to empower its citizens to achieve sustainable development. To improve the property and credit market government needs to ensure that its land records contain information that is beneficial to the actors in both the property and credit market. Studies have shown that land records in Uganda experience problems which have affected the property and credit market. The Government of Uganda has had attempts to solve these problems and one of the recent efforts include computerization of the land records. However the aspect of the information content and its adequacy for the property and credit markets has not attracted much attention. Therefore this research investigated the content of the real property register in relation to the requirement of the property and credit market in Uganda. The main aim of the research was to develop a model of a real property register that supports both the property and credit market in Uganda. The research established the needs of the different actors in the property and credit market. Based on the analysis of the needs of the property and credit market in Uganda, the gaps in the information provided by the current real property register were identified. The research methods included literature review, interviews, and questionnaires. Furthermore the registers were inspected at the different land offices. A conceptual model of a real property register was designed based on the information needs of actors and gaps in the current real property register. The study revealed that the basic information required by the property and credit market included information on size of the property, location, occupancy rights, easements, regulations among others. Although things such as location and size are there, easements, occupancy rights and public restrictions are not there. This has impacted negatively on the property and credit market by contributing to land speculation, insecure rights, high transaction costs, prolonged transactions, high information costs, principle agent problems, land grabbing, land conflicts among others. The study recommended that the current register should be remodelled to include the vital information such as easements, occupancy rights and public regulation that is needed by actors in the property and credit market. The register should be dynamic and create incentives to have people register the land.
Effektiva fastighets- och kreditmarknader kan användas av en regering i ett land för att stödja sina medborgare att uppnå en hållbar utveckling. För att förbättra fastighet- och kreditmarknaderna måste regeringen se till att landets fastighetsregister innehåller information som är till nytta för aktörerna i både fastighets- och kreditmarknaderna. Studier har visat att det befintliga fastighetsregistret i Uganda har brister som inverkar negativt på fastighets- och kreditmarknaderna. Ugandas regering har försök att lösa dessa problem och en av de senaste insatserna inkluderar digitalisering av fastighetsregistret. Däremot har frågan om registrets informationsinnehåll, och dess ändamålsenlighet för fastighets- och kreditmarknaderna, inte rönt någon större uppmärksamhet. Av dessa skäl har detta forskningsprojekt närmare undersökt informationsinnehållet i fastighetsregistret i relation till de behov som fastighets- och kreditmarknaderna i Uganda uppvisar. Det främsta syftet med forskningen var att utveckla en modell för ett fastighetsregister som kan gynna både fastighets- och kreditmarknaderna i Uganda. Forskningen inventerade inledningsvis behoven hos de olika aktörerna inom fastighets- och kreditmarknaderna. Baserat på en analys av dessa behov identifierades brister och svagheter i den information som tillhandahålls av det nuvarande fastighetsregistret. Forskningsmetoden innefattade litteraturstudier, intervjuer och enkäter. Därutöver granskades fastighetsregistret på plats vid olika registerförande kontor. En konceptuell modell av ett utvecklat fastighetsregister skapades utifrån de informationsbehov hos aktörerna och brister i nuvarande fastighetsregistret som identifierats. Studien visade att den grundläggande information som behövs för fastighets- och kreditmarknaderna innefattar bl.a. information om fastighetens area, lokalisering, olika rättigheter samt markanvändningsplaner. Information om area och lokalisering finns idag, men rättigheter och markanvändningsplaner saknas. Detta har inverkat negativt på fastighets- och kreditmarknaderna genom att bl.a. bidra till markspekulation, otrygga rättigheter, höga transaktions- och informations-kostnader, principal-agent-problem och markkonflikter. Studien rekommenderar att nuvarande registret bör utvecklas och struktureras för att kompletteras med viktig information såsom rättigheter och markanvändnings-regleringar vilket efterfrågas av marknadsaktörerna. Registret bör vidare vara dynamiskt och skapa incitament för att underlätta registrering av mark.

QC 20160316

APA, Harvard, Vancouver, ISO, and other styles

8

Weston, Kimberly. "Market Stability in Nonequivalent Markets and the Martingale Property of the Dual Optimizer." Research Showcase @ CMU, 2016. http://repository.cmu.edu/dissertations/826.

Full text

APA, Harvard, Vancouver, ISO, and other styles

9

Kremhelmer, Susanne. "Fairness, Property Rights, and the Market for Media." Diss., lmu, 2004. http://nbn-resolving.de/urn:nbn:de:bvb:19-25219.

Full text

APA, Harvard, Vancouver, ISO, and other styles

10

胡九如 and Jiuru Hu. "Virtual property agency: electronic market with negotiation supports." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2000. http://hub.hku.hk/bib/B31222699.

Full text

APA, Harvard, Vancouver, ISO, and other styles

11

Cao, Junjian. "An investigation of property market institutions in China." Thesis, University of Portsmouth, 2003. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.271457.

Full text

APA, Harvard, Vancouver, ISO, and other styles

12

Hu, Jiuru. "Virtual property agency : electronic market with negotiation supports /." Hong Kong : University of Hong Kong, 2000. http://sunzi.lib.hku.hk/hkuto/record.jsp?B21903505.

Full text

APA, Harvard, Vancouver, ISO, and other styles

13

Hagen, Tom, and Rodriguez Meshe. "Property Developers’ Pricing Strategies and Time on Market." Thesis, KTH, Fastigheter och byggande, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-260085.

Full text

Abstract:

This study aims to investigate the causal linkage between developers’ pricing strategies and time on market (TOM) in the primary market for residential properties, i.e. a market where the seller is a developer or construction company, since this market differs significantly from the secondary or succession market.Regression models are estimated using a dataset from 11 500 newly built apartment units in the Stockholm, Sweden, sold between June 2010 and March 2018. To describe the investigated data and test the hypothesis if overpricing affects TOM a regression analysis was conducted. The Ordinary Least Squares (OLS) technique was applied explaining the size of TOM as a function of changes in a set of characteristics and conditions (independent variables) in one single equation. To measure an objective Degree of Overpricing (DOP), expected price was obtained by using market data and a hedonic price model controlling property attributes and market conditions. DOP is measured as the normalized difference between selling price and expected price.By using a constructed price model when studying the relationship between the price and multiple independent variables, the empirical results show that an increase in variables such as competitive supply, distance from city centre, monthly fee and selling time lead to a decrease in price while higher floor level lead to an increase in price. Looking into the degree of overpricing and its effect on TOM, a Time on Market model was applied. Generally, the empirical results demonstrate that higher DOP results in longer TOM. An increase in competitive supply and monthly fee result in shorter TOM. When it comes to size, smaller apartments seems to sell faster than larger apartments. Different modulations detect varying significances among the independent variables investigated. Overall, the models display a positive correlation between DOP and TOM.The originality and value of this study lies in the analysis of data collected from several development projects. This study is one of the first study that empirically examine the price-TOM relationship in the Stockholm primary housing market.
Denna studie syftar till att undersöka det kausala sambandet mellan bostadsutvecklarnas prissättningsstrategier och försäljningstiden (TOM) på primärmarknaden för bostäder, dvs. marknaden där säljaren är en utvecklare eller ett byggföretag, eftersom denna marknad skiljer sig avsevärt från den sekundära marknaden eller successionsmarknaden.Regressionsmodeller har beräknats med hjälp av ett dataset om 11 500 nyproducerade lägenheter i Stockholm, som såldes mellan juni 2010 och mars 2018. För att beskriva de undersökta uppgifterna och testa våra hypoteserna, regressionsanalys tillämpades – en statistisk teknik som förklarar storleken av en variabel, kallad beroende variabel, som en funktion av förändringar i en uppsättning andra variabler, som kallas oberoende variabler, genom kvantifiering av en enda ekvation. Metoden Ordinary Least Square (OLS) har använts för att förklara försäljningstidens storlek storleken som funktion av förändringar i en uppsättning egenskaper och villkor (oberoende variabler) i en enda ekvation. För att beräkna graden av överprissättning (DOP), förväntat pris har erhållits med hjälp av marknadsdata och en hedonisk prismodell som kontrollerar fastighetsattribut och marknadsförhållanden. DOP har beräknats som normaliserad skillnad mellan försäljningspris och förväntat pris.Genom att använda en konstruerad prismodell när man studerar förhållandet mellan pris och multipelständiga variabler visar de empiriska resultaten att en ökning av variabler som konkurrenskraftig tillförsel, avstånd från centrum, månadsavgift och annonstid leder till en prisminskning medan högre våning nivå leder till en ökning av priset. När det gäller storlek verkar mindre lägenheter sälja snabbare än större lägenheter. Om man tittar på graden av överprissättning och dess effekt på TOM, tillämpas en TOM-modell. De empiriska resultaten visar att högre DOP resulterar i längre TOM. En ökning av befintliga utbudet och månadsavgiften resulterar i kortare TOM. Överlag, trots vissa motstridiga resultat, visar grundmodellen en positiv korrelation mellan DOP och TOM.Originaliteten och värdet av denna studie ligger i analysen av data som samlats in från flera olika utvecklingsprojekt i Stockholmsområde. Denna studie är en av de första studier som empiriskt undersöker förhållande mellan prissättning och TOM på Stockholms primära bostadsmarknad.

APA, Harvard, Vancouver, ISO, and other styles

14

Liu, Hau-chi Alice. "The downturn of post-1997 Hong Kong's property market and the government intervention." Click to view the E-thesis via HKUTO, 2002. http://sunzi.lib.hku.hk/hkuto/record/B31969173.

Full text

APA, Harvard, Vancouver, ISO, and other styles

15

Rajapaksa, Dewage Darshana Peiris. "Floods and property values: A hedonic property and efficiency analysis." Thesis, Queensland University of Technology, 2015. https://eprints.qut.edu.au/86975/1/Darshana%20Peiris_Rajapaksa_Thesis.pdf.

Full text

Abstract:

This study investigates the impact floods on property values using the hedonic property price approach and other relevant econometric techniques. The main objectives of this research are to investigate (1) the impact of the release of flood-risk information and the actual floods on property values (2) the temporal behaviour of negative impacts (3) the property submarket behaviour (4) the behaviour of flood affected vs flood non-affected areas and (5) the property market efficiency. The thesis expanded on the existing literature on natural disasters by applying a range of econometric techniques. Findings of this research are useful for policy decision-making which is aimed at minimizing the negative impacts of natural hazards on property markets. The thesis findings also provide a better framework for decision-making in the property insurance market. The methodological improvements that are made in the thesis will be invaluable for analysing the impacts of natural hazards elsewhere.

APA, Harvard, Vancouver, ISO, and other styles

16

Kelly, Mary Virginia. "An economic analysis of the property/casualty insurance market." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 1998. http://www.collectionscanada.ca/obj/s4/f2/dsk2/ftp02/NQ34560.pdf.

Full text

APA, Harvard, Vancouver, ISO, and other styles

17

Wokekoro, Victor Dike, and Bekibele Onome White. "Intellectual Property Protection : an External Factor that Influences a Foreign Company’s Market Entry Mode into a Prospective Market." Thesis, Högskolan Dalarna, Företagsekonomi, 2010. http://urn.kb.se/resolve?urn=urn:nbn:se:du-5216.

Full text

Abstract:

Intellectual Property Protection is been understood in this paper as IP laws and enforcement of these laws in order to protect intellectual property rights. The goal of this research work is to understand how Swedish companies view issues regarding to Intellectual Property Protection (IPP) and how it influences a foreign company?s market entry mode. In order to achieve this objective, the Nigerian market situation and its? laws that govern IPP will be used to analyzed this issue. This paper argues that IPP is an important factor that influences a company?s entry mode and this argument finds IP laws and enforcement as two variables that influence the market while the market situation influences the foreign company. In carrying out this research literature was reviewed and interviews carried out. The research methodology section has presented a qualitative research and explains the nature of the interview stages that have been used to achieve the goals concerning the findings of the empirical data. A qualitative method was adopted by carrying out in-depth semi-structured interviews. The empirical data collected from the investigation were gathered and analyzed based on the research questions. The findings show that IPP of a host market influences a potential foreign company through the market situation that is also influenced by IP laws and enforcement. The outcome of these findings argues that the Swedish companies that were interviewed in this research will enter the Nigerian market through an intermediary mode. This has been based on the current IPP system of Nigerian.

APA, Harvard, Vancouver, ISO, and other styles

18

Geho, Medard Lucas. "An analysis of individual property performance and data constraints in the UK commercial property market." Thesis, University of Reading, 1997. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.363707.

Full text

APA, Harvard, Vancouver, ISO, and other styles

19

Liu, Yau-Jr. "Marital-property scheme, marriage promotion and matching market equilibrium." Diss., Columbia, Mo. : University of Missouri-Columbia, 2006. http://hdl.handle.net/10355/5856.

Full text

Abstract:

Thesis (Ph. D.)--University of Missouri-Columbia, 2006.
The entire dissertation/thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file (which also appears in the research.pdf); a non-technical general description, or public abstract, appears in the public.pdf file. Title from title screen of research.pdf file viewed on (March 5, 2007) Vita. Includes bibliographical references.

APA, Harvard, Vancouver, ISO, and other styles

20

Yuen, Chung-yuen Edward, and 袁重遠. "A study of the property market in Hong Kong." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1990. http://hub.hku.hk/bib/B31264852.

Full text

APA, Harvard, Vancouver, ISO, and other styles

21

Wong, Sik-kin Simon, and 黃錫堅. "An analysis of the Hong Kong office property market." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1997. http://hub.hku.hk/bib/B31954820.

Full text

APA, Harvard, Vancouver, ISO, and other styles

22

Fujii, Olechko Dmitri. "Market structure, property rights and technological change in Mexico." Thesis, University of Essex, 2004. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.411206.

Full text

APA, Harvard, Vancouver, ISO, and other styles

23

Wong, Sik-kin Simon. "An analysis of the Hong Kong office property market." Hong Kong : University of Hong Kong, 1997. http://sunzi.lib.hku.hk/hkuto/record.jsp?B19740694.

Full text

APA, Harvard, Vancouver, ISO, and other styles

24

Sri, Navarathne Sakalashilpathilaka Laksrilal Heli Prasad Neelawala. "Asymmetric information between buyers and sellers in the residential property market: A hedonic property valuation approach." Thesis, Queensland University of Technology, 2014. https://eprints.qut.edu.au/76412/5/S.N.S.L.H.P%20Neelawala%20Thesis.pdf.

Full text

Abstract:

Information asymmetry could result in sub-optimal decision making. Information asymmetry can therefore undermine the efficiency of economic activities by influencing and reducing social welfare. To overcome these inefficiencies most of the economic analyses have assumed the provision of perfect information. This is not a practical assumption and results become only partially correct. This PhD thesis analyses the effect of information asymmetry on housing market. This study examines the impact of announcements of the Western Brisbane Transport Network on nearby property prices. Negative impacts related to transport corridors are analysed including noise and air pollution and impacts on visual amenity. Also undertaken is a spatial analysis of house prices which measures the magnitude of negative impacts of corridor expansions. The study shows that buyers who were aware of the road corridor expansions experience a higher utility compared to those who were not.

APA, Harvard, Vancouver, ISO, and other styles

25

Rowley, Steven. "A National Valuation Evidence Database : the future of valuation data provision and collection." Thesis, Northumbria University, 1998. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.245441.

Full text

APA, Harvard, Vancouver, ISO, and other styles

26

Sum, Kwok-chi. "A study of supply and demand of residential property market /." View the Table of Contents & Abstract, 2006. http://sunzi.lib.hku.hk/hkuto/record/B36438741.

Full text

APA, Harvard, Vancouver, ISO, and other styles

27

Scott, Peter. "Financial institutions and the British property investment market 1850 - 1980." Thesis, University of Oxford, 1992. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.332916.

Full text

APA, Harvard, Vancouver, ISO, and other styles

28

Kempf, Simon P. "The office property market of Hong Kong: an econometric analysis." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2004. http://hub.hku.hk/bib/B2963166X.

Full text

APA, Harvard, Vancouver, ISO, and other styles

29

Cheng, Shiu-cheong Aaron, and 鄭紹昌. "A study of the residential property market in Hong Kong." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1993. http://hub.hku.hk/bib/B31265595.

Full text

APA, Harvard, Vancouver, ISO, and other styles

30

Sum, Kwok-chi, and 沈國智. "A study of supply and demand of residential property market." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2006. http://hub.hku.hk/bib/B4500870X.

Full text

APA, Harvard, Vancouver, ISO, and other styles

31

Wu, Weike. "The UK property market indices : construction and time-series analysis." Thesis, University of Reading, 1997. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.363815.

Full text

APA, Harvard, Vancouver, ISO, and other styles

32

Arvanitidis, Paschalis A. "Property market and urban economic development : an institutional economics approach." Thesis, University of Aberdeen, 2003. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.288280.

Full text

Abstract:

This thesis examines the relationship between the property market and urban economic development. The impetus for the research lies in the rapid process of urban economic change and the failure of economic approaches to explore adequately the important role of the property market in that process. The study draws on institutional economics to advance the argument that the property market as an institution is a mediator through which economic potential can be realised and served. Due to major philosophical and theoretical deficiencies in the area, focus is placed on the establishment of an appropriate philosophical framework, the development of a new theory, and the specification of a research design for empirical investigation of the issues. The thesis's foremost contribution therefore lies in the formation of a holistic research programme to conceptualise the property market as an institution and to explore its role within the urban economy. Critical realist principles provide the basis for the development of the philosophical position of the study. These are combined with institutionalist insights to construct a three-layer ontological framework discussing the nature of urban socioeconomy. The thesis then lays down a rich theory of urban economic organisation, placing explicit emphasis on the institutional mechanisms, processes and dynamics through which the built environment is provided. The interrelation between property market process and the wider institutional environment is explored, particularly in terms of efficiency in providing appropriate market institutions and property outcomes that support urban economic potential. From this discussion the institutionalist concept of 'property market purpose efficiency' is developed. Building upon the conceptual framework, the thesis explicitly addresses the requirements for concrete analysis. It, first, lays down a generic analytical approach specifying appropriate research methods and techniques for investigation, and, second, sets up a research design providing an operational frame in which developed theory is translated into empirical practice. This research design provides a blueprint for empirical case studies. Finally, a case study of Madrid is employed to empirically explore the research design.

APA, Harvard, Vancouver, ISO, and other styles

33

Sun, Karl 1970. "Micropayments as a form of market-based intellectual property protection." Thesis, Massachusetts Institute of Technology, 1997. http://hdl.handle.net/1721.1/42754.

Full text

APA, Harvard, Vancouver, ISO, and other styles

34

Cheng, Shiu-cheong Aaron. "A study of the residential property market in Hong Kong /." [Hong Kong] : University of Hong Kong, 1993. http://sunzi.lib.hku.hk/hkuto/record.jsp?B13570535.

Full text

APA, Harvard, Vancouver, ISO, and other styles

35

Liu, Nan. "An economic analysis of the North East Scotland housing market." Thesis, University of Aberdeen, 2011. http://digitool.abdn.ac.uk:80/webclient/DeliveryManager?pid=167780.

Full text

Abstract:

This study focuses on one particular local housing market in North East Scotland, and proposes an effective approach to understanding a number of aspects of the study area. The main dataset was obtained from the Aberdeen Solicitors Property Centre, which was then combined with Land Value Information Unit data and Scottish Neighbourhood Statistics to provide rich information on the dwellings listed on the market from April 1984 to June 2010. In addition, local market practitioners were interviewed. The study finds the study area has a spatial hierarchy structure – housing attributes have different effects on house prices in Aberdeen city, city suburb, accessible rural in Aberdeenshire, and remote rural areas. Each spatial submarket is further divided into five segments according to dwellings’ qualities to see the effect of counter-urbanisation on both rural and urban housing markets. The theoretical analysis suggests that an external demand shock for a particular type of housing in the rural housing market is likely to trigger house unit filtering as well as households filtering if new constructions are allowed, and/or conversion cost is low, and/or cross-price elasticity if demand is high. This theoretical analysis is supported by descriptive statistics and causality test results. The study also finds that pricing strategy has a significant impact on transaction price. Decomposition modelling results suggest properties sold under the closed bid “offers over” system sell 20%- 40% more than those sold under “fixed price”. This advantage of the “offers over” system however, may be counteracted if the property stays on the market over three months. As the survival analysis shows that although “offers over” properties sell faster at the beginning of the list, “fixed price” is more favourable if the property has been on the market for a relatively long time. Findings are likely to change as a result of the introduction of the Home Report. The study finds Home Report has eliminated the advantage of the “offers over” pricing system from the selling price view point.

APA, Harvard, Vancouver, ISO, and other styles

36

Makanya, Rufaro. "An analysis of the structure and maturity of the Doha property market." Master's thesis, University of Cape Town, 2017. http://hdl.handle.net/11427/27394.

Full text

Abstract:

This research is primarily focussed on the dynamics that determine the maturity of property markets. It considers the evolving institutional environment in which markets function and highlights the characteristics of property markets in both developed and developing countries in order to analyse the characteristics required to determine their maturity. The primary research targets the city of Doha located in Qatar. This is compared to other property markets around the world, using the available literature and the knowledge of Doha's expatriate property professionals. The purpose of this research is to contribute to the research and knowledge of property markets by assessing the players, institutions and characteristics of the property market in Doha to assess whether it is driven by the same maturity forces as those that drive typical markets elsewhere. The research concludes that property market outcomes could be improved in Doha by improving and developing the property market maturity factors. Considering all the factors. The property market in Doha was identified as fairly immature in comparison to international best practice. It has improved significantly recently and is on a path to compete with the more mature markets in future. Recommendations proposed in the research findings focused particularly around the strengthening of property market institutions to allow for further improvements to market maturity and cautioned against verbatim copying of successful market practices from elsewhere.

APA, Harvard, Vancouver, ISO, and other styles

37

Shisana, Fumani. "An analysis of diversification by location in the South African property market." Master's thesis, University of Cape Town, 2016. http://hdl.handle.net/11427/23014.

Full text

Abstract:

The purpose of this dissertation is to investigate whether a property investor could diversify their portfolio by investing in the same property class and type throughout three different cities in South Africa. Furthermore, the study aimed to achieve this by providing an in-depth analysis of property cycle activity in South Africa and investigating how different South African cities react to the national property cycle. Cape Town, Durban and Johannesburg were chosen, as they are major cities in South Africa. The time frame used is the 2001 to 2009 property cycle with specific reference to office space. The timeframe does not cover the property cycle over an extended period where factors may be different from the ones concerned here. The outcome of the study will help to provide an understanding how the three different cities reacted to the national property cycle using variables such as but limited to gross rentals receivable, total return, income return and vacancies. The results of the study will help in making investment decisions, especially for investors who may want to diversify their portfolios across different cities within the same country. The methodology of this dissertation will be based on a comparative analysis using mainly Investment Property Databank (2013) data subsequent to a literature review. The findings are based on Investment Property Databank (2013) statistical industry performance data. The conclusion will be drawn from the results. The primary motivation for this research stems from investors' need for a greater understanding of diversification within the property cycle to improve investment decisions. The primary objective achieved was to contribute to the understanding of the predictability of the property cycle, which can assist in the decision making of a property investor looking to diversify by location in their property portfolio. Whilst this finding was not the primary objective, this dissertation revealed that there are synchronicities between the Central Business District and decentralised office markets of the three cities of Cape Town, Durban and Johannesburg.

APA, Harvard, Vancouver, ISO, and other styles

38

Pu, Ming. "Pricing in the actuarial market." Columbus, Ohio : Ohio State University, 2007. http://rave.ohiolink.edu/etdc/view?acc%5Fnum=osu1180097795.

Full text

APA, Harvard, Vancouver, ISO, and other styles

39

Lee, Lap-ting Gloria. "Transforming landscape : Yau Ma Tei Wholesale Fruit Market /." View the Table of Contents & Abstract, 2009. http://sunzi.lib.hku.hk/hkuto/record/B42927468.

Full text

APA, Harvard, Vancouver, ISO, and other styles

40

Cronje, Pierre. "The behaviour of real estate actors and cyclicality in the Real Estate Market." Master's thesis, Faculty of Engineering and the Built Environment, 2018. http://hdl.handle.net/11427/31495.

Full text

Abstract:

The proposed research aims to gain a better understanding of the information inefficiencies in the real estate investment milieu through the exploration of the behaviour of real estate actors. The supposition is that a better understanding of the real estate actor behaviour in the context of market cyclicality should add to the body of knowledge on the pro-active mitigation of real estate investment losses. The exogenous factors causing market cyclicality such as the sub-prime mortgage crises of 2007/2008 is used analogously to an independent variable with the focus on the behaviour and interrelation of real estate actors or endogenous causes of market cyclicality. A phenomenological approach in the context of constructivist ontology is followed in a connected mixed method research strategy, i.e. a quantitative to qualitative sequential explanatory design to explore the behaviour of the real estate user, - developer and - investor. The quantitative data analysis takes the form of descriptive statistics of office vacancy rates, - areas and - capitalisation rates of seven nodes in Cape Town. Although inferential statistical methods, such as the nonparametric Kruskal-Wallis Test, linear tend analysis and measures of linearity are used it is still used in the form of descriptive statistics to understand phenomena and extrapolate results to other situations. Qualitative data are collected through semi-structured interviews and analysis is done with Giorgi’s descriptive phenomenology approach to synthesise a general psychological structure based on the constituent of the participant’s experience. The study found that regular periods of over- and underbuilding in the real estate market may be influenced by the real estate actor because of the bounded nature of information and bounded capability of the actor. Real estate actors display behaviour actively avoiding the negative impact of market cyclicality through the use of agency. An agency based model is developed through this study showing that the real estate actor use specialisation to confine the unknown nature of information and to liberate the bounded ability of the real estate actor through working the network, engaging the network and signalling.

APA, Harvard, Vancouver, ISO, and other styles

41

Jeong, Jinbae. "Examination of the rationality of real estate market pricing : focusing on the US office property market." Thesis, Massachusetts Institute of Technology, 2009. http://hdl.handle.net/1721.1/54856.

Full text

Abstract:

Thesis (S.M.)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2009.
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Cataloged from student submitted PDF version of thesis.
Includes bibliographical references (p. 49-50).
This study examines whether or not investors behave rationally when they price the U.S. office properties. After reviewing several previous studies on the market efficiency, this paper makes three new attempts: first, we employs the actual information on transactions and rents at the property level to resolve the substitution problems; second, we introduce another pricing method which use gross yields and typical cap rate method; lastly, Shiller Test with those actual data is conducted to determine whether future rental growth can be predicted by both or either of those two pricing methods. The major empirical results can be summarized into the two findings: 1) in the pricing models, the gross yield reflects a property's future rental growth, whereas the cap rate is mostly correlated to the relatively short-term rental growth in the past, 2) in Shiller Test, the future rental growth of a property can be forecasted by the gross yield, not by the cap rate. These findings suggest that although not perfect, investors of the US office properties, at least partially, forecast the future income of the investments, and reflect them into the pricings by means of gross yields rather than cap rates.
by Jinbae Jeong.
S.M.

APA, Harvard, Vancouver, ISO, and other styles

42

Lam, Weng-i. Janiver. "An examination of efficiency of the Hong Kong private housing market." Click to view the E-thesis via HKUTO, 1993. http://sunzi.lib.hku.hk/hkuto/record/B42574304.

Full text

APA, Harvard, Vancouver, ISO, and other styles

43

Sui, Sang How Jesse Jefferson. "Reducing the property appraisal bias with decision support systems: an experimental investigation in the South African property market." Master's thesis, University of Cape Town, 2016. http://hdl.handle.net/11427/22864.

Full text

Abstract:

Purpose: The valuation tasks for manual valuation are time-demanding and cognitively challenging. Behaviourists have observed that valuation accuracy and variations are mainly caused by human adaptive approaches called cognitive shortcuts. Of particular interest for valuation tasks is the susceptibility of decision makers to anchoring heuristics. The anchoring and adjustment approach is a mental shortcut which involves deliberate and conscious adjustment of values, known to be wrong but close to a right answer. Various studies have shown that valuers are prone to anchoring to asking price, previous estimate and other reference points. The incidence of valuation bias in the property market and the world is of concern. Few studies have used the decision-support tool to reduce property appraisal bias. The research purpose is therefore to determine the efficacy of the decision-support tool in reducing and eliminating property appraisal bias in the South African property market. Design/methodology/approach: Similar to previous behavioural studies, a controlled experimental study design was used. The experimental design is based on a previous German study that uses a self-written valuation software in a MS Excel package, adapted to the South African market. The software comprises two versions, a standard software and a decision-support software, which were administered to separate groups of novices and experts. Descriptive statistics and non-parametric testing were used to interpret the results. Findings: Consistent with other research on valuation accuracy and variations, the findings show that the valuation outcomes do not align with 'margin of errors' concept. Despite the results not being as robust as one would have expected, the study revealed that test subjects were susceptible to the anchoring effects and that use of a decision-support tool can help to reduce valuation variations. Practical implications: This study heightened the need to counter the effect of bias in valuation. The high variance among the experts group is of concern and should be addressed. Other forms of cognitive shortcuts used by valuers should be incorporated into the decision-support tool, and a similar test run for different valuation settings. The behavioural contentions should be discussed and presented to novices and experts.

APA, Harvard, Vancouver, ISO, and other styles

44

Liu, Limin. "Housing market in urban China." abstract and full text PDF (free order & download UNR users only), 2007. http://0-gateway.proquest.com.innopac.library.unr.edu/openurl?url_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:dissertation&res_dat=xri:pqdiss&rft_dat=xri:pqdiss:1442879.

Full text

APA, Harvard, Vancouver, ISO, and other styles

45

Lau, Tak-kin. "Relationship between subsidized housing and the private housing market in Hong Kong." Click to view the E-thesis via HKUTO, 2004. http://sunzi.lib.hku.hk/hkuto/record/B3527847X.

Full text

APA, Harvard, Vancouver, ISO, and other styles

46

Cheng, Amelia, and 鄭詠恩. "Genesis and development of the Thai property market in the late 1980s." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1991. http://hub.hku.hk/bib/B31949848.

Full text

APA, Harvard, Vancouver, ISO, and other styles

47

Cheng, Amelia. "Genesis and development of the Thai property market in the late 1980s." [Hong Kong : University of Hong Kong], 1991. http://sunzi.lib.hku.hk/hkuto/record.jsp?B13039623.

Full text

APA, Harvard, Vancouver, ISO, and other styles

48

Ho, Man-suen. "The price-volume relationship in Hong Kong's residential market." Click to view the E-thesis via HKUTO, 2004. http://sunzi.lib.hku.hk/hkuto/record/B30710212.

Full text

APA, Harvard, Vancouver, ISO, and other styles

49

Singh, Sukhpreet. "The protection of television formats : intellectual property and market based strategies." Thesis, Bournemouth University, 2010. http://eprints.bournemouth.ac.uk/15935/.

Full text

Abstract:

Television formats have become a major export product, with Britain alone accounting for nearly half of all format hours broadcast annually worldwide. Yet, there is no such thing as a television format right under copyright law. Any producer is free to develop game, reality and talent shows that are based on similar ideas. This research analyses the paradox of growth in the international trade of formats in the absence of any legal solutions which provide precise and enforceable governance. The research first assesses the limits of copyright law as a means of protecting formats, by creating a bespoke database of 59 format disputes reported in the trade press and in online services. Disputes are categorised by jurisdiction, ground of dispute and decision or settlement. Secondly, theoretical propositions of format protection are developed, based on theories from the diverse fields of cultural theory (production of culture perspective), marketing (brand identity, innovation and extensions) and media economics (distribution dynamics and scale of production). These propositions then are exposed to semi-structured interviews with format sellers at international television trade fairs, as well as senior managers at Fremantlemedia (a leading format originator and distributor). The qualitative data is synthesized into a theory of format trade using IP and market based means of protection. Format developers appear to use three groups of strategies to exploit TV formats internationally. These are (1) Formalization and transaction of know-how (format bibles, flying producers, confidentiality agreements and access control); (2) Managing the brand (brand identity, localisations, brand extensions, innovation, trademarks); (3) Distribution dynamics and industry conventions (scale of production, social networks, retaliation, trade fairs). This research contributes to original knowledge in media and cultural industries management by first empirically illustrating a recurrent, under-researched problem and then advancing a theory to understand industry behaviour to overcome the same.

APA, Harvard, Vancouver, ISO, and other styles

50

Tsang, Ngo-ming Agatha, and 曾傲明. "Analysis of the embryonic property management market in Huadu Districtof Guangzhou." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2009. http://hub.hku.hk/bib/B45153590.

Full text

APA, Harvard, Vancouver, ISO, and other styles

Dissertations / Theses on the topic 'Property market'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles