Sales and purchases of residential real estate are the most significant financial transactions that the majority of the population are involved with. As such they are concerned that these transactions are carried out efficiently and to their best advantage. One of the most significant changes affecting modern society over the last ten years has been the growth in consumer use of the Internet. T...

A steadily growing number of areas exposed to noise and the resulting detrimental effects on the usable value and the prices of real estate may pose a significant problem in the process of managing real estate in urban areas. Pursuant to the provisions of the EU Environmental Noise Directive 2002/49/EC, the key document for the assessment and management of environmental noise, and the Polish En...

A common practice in real estate markets is the sale of housing development units before completion, and in some cases even before beginning of the actual construction, known as presale. Developers that choose to presell units are subject to default on the part of the buyers if market conditions become unfavorable. In recent years, court rulings in Brazil have established that developers must r...

COnstruction and Real Estate NETwork (CORENET) is the flagship information technology (IT) project undertaken collaborativel y by various government agencies of Singapore to improve the productivity and performance of the construction and real estate sectors. It is a comprehensiv e network system consisting of a series of IT systems and services that allows seamless and expedient exchange of in...

In this paper we investigate cross-asset liquidity between equity markets and REITs and between REITs and private real estate markets. While many studies have investigated REIT liquidity, and there is an emerging interest in liquidity in the private real estate markets, there appears to be little knowledge of the dynamics of cross-market liquidity. We find lower levels of liquidity for REITs co...

The so-called “Forever Chemicals,” i.e. PFAS or PFCs, are emerging environmental contaminants. They refer to a family of carbon-fluorine chemicals that were initially developed in the commercial and industrial sectors around time WWII. As term is catch-all, there many individual compounds, including C8, PFOA, PFOS, AFFF, PFNA, PFHxS, GenX. Until late 1990s/early 2000s, health risks compounds la...

This paper studies how international real interest rate shocks can drive business cycles in an emerging economy. We first present evidence that, in emerging economies, real interest rates and real estate prices are negatively correlated and real interest rates are countercyclical. Motivated by this evidence, we develop a model of a small open economy, where entrepreneurs are borrowing constrain...