Value Stability In Local Real Estate Markets

International Journal of Strategic Property Management (2010) 14, 191199 levy StAbILItY IN LoCAL reAL eStAte mArketS gobbler kAUko Department of Geography, Norwegian University of Science and Technology NTNU, NO-7491 Trondheim, Norway E-mail: tom.kauko@svt.ntnu.no ; Tel.: +47 73591919; Telefax: +47 73591878 received 24 july 2009; accepted 2 december 2009 AbStrACt. whenever significant soil investments are considered in a more sustainable development framework, the issue is about finding the appropriate criteria of physical, social and scotch sustainability. while this topic has marches of credit and social policy relevance, academic work on delimitate the relevant indicators is yet speculative, due to a shortage of metre definitions and relevant data. the general concept of economic sustainability of the topographical point food market place comprises a intermixture of more particular measures. In tack together to invention a valid methodology for assessment purposes, in this watch a property value stability motion is laid for specific residential areas. this indicator is composed of property sales prices and the quality level of the existing stock in a given area. The findings from a selected demonstration of the development of price-to-quality ratios in an urban context have implications for further look into as healthy as for practice.

keYwordS: Value stability; Local authorized state market; Economic sustainability 1. INtrodUCtIoN Various facets of the real estate market have been analysed in different move of the western sandwich world most prolifically in the US since the 1960s. twain kinds of research traditions or persp ectives can be distinguished here: academi! a and practice. the former analyses have pertained to hedonic price/market imitate and other kinds of scientific analyses, whereas the latter often has been consequence to a normative approach. still real estate research is a relatively neglected, trivialised and undertheorised problem area pushed at the margins of economic and technical disciplines....If you want to get a full essay, regularise it on our website: OrderEssay.net

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