A foreclosed property can have a negative impact on the prices of other properties within its neighborhood and these reduced property prices can lead to further foreclosures within the neighborhood; this is known as the foreclosure contagion effect. This effect has been demonstrated, within the real estate literature, to occur. Traditionally, real estate research have used statistical regressio...

Portfolio theory shows that diversification can enhance the riskreturn trade-off. This study uses the absolute location of commercial real estate property along with spatial statistics to address the inherent problem of determining geographical diversification based upon a set of economic and property-specific attributes, some of which are unobservable or must be proxied with noise. We find tha...

Problems with appraisal-based return series combined with certain similarities between commercial real estate, bonds and stock suggest that equity REIT returns provide an accurate source of real estate pricing information. A model for deriving a discount rate for unsecuritized commercial real estate was developed. The model is a three factor Arbitrage Pricing model that measures the sensitivity...

The initial investment decision-making of the real estate project is very important. It requires making the right assessment of engineering project risk, then judging the project potential value which is affected by the risk factors. Within this context, fuzzy mathematics is used to assess the levels of income risk and cost risk in the real estate investment, and then adjust the relevant parame...

This paper introduces the application of real estate pricing DP DEA Double Perspective Data Envelopment Analysis to solve the LOOP (Law of One Price) arbitrage. A general equilibrium model of real estate values was developed to analyze price variation over digital map, and applied to the urban area of the city of Joinville. The power of real estate locational value assessment using DP-DEA is th...

Real estate confidence index, as an efficient and effective information-oriented measure, is being studied and applied to the China’s real estate market. It not only assists government with the macro control of real estate market, but also guides investment and consumption. In order to assure the accuracy and real time of the RECI, more factors should be considered and an efficient system based...

With the relatively tight policy adjustment of government's outbound investment in general environment and impact COVID-19, Chinese real estate enterprises have been challenged international has lost money for a while. In fierce competition, companies represented by Wanda Vanke Group successfully used transformation upgrading to survive, while some (e.g., Evergrande Group) faced crisis collapse...