We have been studying the growing use of information and communication technologies (ICT) in the residential real estate industry and the effects of this use on how realtors work. Earlier stages of our project involved qualitative research to develop a better understanding of the industry, the work of realtors and their use of ICT. In this paper we report on the results of qualitative research ...

Wage Flexibility and Employment Fluctuations: Evidence from the Housing Sector* Many economists suspect that downward nominal wage rigidities in ongoing labor contracts are an important source of employment fluctuations over the business cycle but there is little direct empirical evidence on this conjecture. This paper compares three occupations in the housing sector with very different wage se...

This paper describes simulated scenarios for power plant construction in the western United States. The simulations show construction lagging behind the growth in demand, allowing prices to climb to surprisingly high values during the years 2000 and 2001. When construction is completed, new power plants come on line in great number, allowing market prices to fall surprisingly rapidly in the yea...

The study presents a performance evaluation model that does not only concentrates on financial performance, but also on company size, macro -economic, and industry related factors as well. The developed model considers four construction contacting categories: (1) general building; (2) heavy; (3) special trade; and (4) real estate. It also considers the effect of company size, along with economi...

Follow the real estate market to elevate temperature, government to real estate market macroeconomic regulation and control into social economy hot topic. In order to enable the macroeconomic regulation and control policy to achieve the expectation effect, this article proposed the real estate macroeconomic regulation and control should pay attention several questions.

This paper examines if US monetary policy responds to asset prices. Using real-time data we estimate a Taylor-type rule with an asset price variable. This variable refers to real estate prices, considering that those exhibit an important share in households’ asset portfolio. Moreover, especially real estate prices seem to have a close connection to monetary conditions. To analyze this link we d...

Feng shui is the scientific knowledge of Chinese ancient. In Taiwan, though some people thought that feng shui is the superstition, we can see the influence on the people's lives including of choosing good days, divination and house selecting. From the past researches, we know many factors affect the real estate price. Those factors are the announced land values, the building room age, building...

A common convention for writing names (identifiers) in mathematical formulas makes poor use of the real estate on the page occupied by those names. Here is a design principle for using space more efficiently. The choice of a suitable notation is a vital part of designing clear and convincing presentations of scientific material. Good notation is precise, concise , and suggestive; poor notation ...

Evidence is shown, using US foreclosure data by state 1975–93, that periods of high default rates on home mortgages strongly tend to follow real estate price declines or interruptions in real estate price increase. The relation between price decline and foreclosure rates is modelled using a distributed lag. Using this model, holders of residential mortgage portfolios could hedge some of the ris...

Purpose – The purpose of this paper is to propose a grey linear control system for regulating the price of China’s real estate and provide the necessary support to assist the relevant management departments with their policy making. Design/methodology/approach – A grey state equation of the real estate market price that can reflect both the market supply-demand price mechanism and the productio...