In this paper, we explore how electronic commerce, the World-Wide Web in particular, is affecting the real estate industry. Real estate is a promising setting for studying electronic commerce because it is an information-intensive and informationdriven industry; transaction-based, with high value and asset-specificity; with many market-intermediaries (agents and brokers who connect buyers and s...

We model aggregate delinquency behaviour for consumer credit (including credit card loans and other consumer loans) and for residential real estate loans using data up until 2008. We test for cointegrating relationships and then estimate short run error correction models.We find evidence to support the portfolio explanations of declines in credit quality for consumer and for real estate loans, ...

We evaluate the economics of financial intermediation in alternative assets by investigating the allocation and performance of pension fund investments in real estate, the most significant alternative asset class for institutional investors. We document substantial heterogeneity in real estate investment cost and performance, determined by two main factors: mandate size and investment approach....

In hope to revitalize the slumping real estate markets and sluggish economy, the government of Taiwan, Republic of China, has recently opened up direct real estate investment opportunities to foreign entities. In conjunction with the joining of WTO, Taiwan hopes that foreign funds and maybe even investment from Mainland China will infuse capital and uplift the markets. Nevertheless, the potenti...

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.

On the basis of documents analysis, this article constructed the sustainable development evaluation model of real estate market from four aspects, including the harmonious development with local economy, reasonable prices, structural balance and financial coordination. Then we empirical studied the healthy development of Nanchang real estate market based on fuzzy pattern recognition model. The ...

There is continuing interest in the inter-relationships among real estate markets. This includes research suggesting that international linkages in real estate market returns are partly driven by the inter-relatedness between changes in local GDP and ‘world’ GDP. The current study continues this line of inquiry by examining securitised real estate market integration among six economies. By inve...

The Chinese real estate industry has experienced rapid growth since China’s economic reform. Along with a booming industry, a third of purchased lands were left undeveloped in the last decade. Knowledge of real estate development time lags between land being purchased and property being occupied can enable policymakers to produce more effective policies and regulations to guide the real estate ...

Currently, many scholars have theoretically studied the early warning index of real estate market, but few have focused on the implementation of the system. Our study provides a system for early warning and monitoring the economic situation in real estate market. We construct a boom index for China’s real estate market based on the state space model. In particular, we provide users with intuiti...

In analyzing the effect of geographic diversification on the risk and volatility of real estate returns, past studies have suffered from several flaws. They have been performed on ex post portfolios constructed from a larger sample of properties, they have used appraisal-based return series, and the geographic regions analyzed did not bear any relation to the economic characteristics which unde...