Search results for "Real estate"

Legal controversies and ethical considerations concerning the property rights in the human body

2021

When considering the rise of the biotech industry over the years, one might wonder if the procurement of the biological materials, that are necessary for the success of the industry, was done through ethical and safe measures, especially considering the stagnant position of many countries towards granting individuals ownership rights over their bodies. As such, this paper inspects and compares the current legal approaches that are used in certain common law and civil law jurisdictions to determine individuals’ rights over their bodies, and considers the bundle of rights concept and the law of equity as possible solutions to the ethical and equitable deficiencies observed in certain jurisdic…

Entwurf der livländischen Ritter- und Landschaft, betreffend die Schätzung der im livländischen Gouvernement belegenen Immobilien behufs Umlage der L…

1899

Residential tenancy as a viable substitute to home-ownership in Latvia

2020

In light of the high rates of owner-occupancy and the view of residential tenancy being an inferior type of tenure, the Latvian government for the past decade has tried to implement a new regulation for residential tenancy to cure the situation. This thesis presents a comparative analysis of both, the regulatorily environment and the present economic and social situation, of the tenancy market in the Baltic states. Based on the findings, and by adding a theoretical framework of the necessity of a sound residential tenancy market, an assessment of possibility for the proposed regulation to reach its aims is presented.

Linear and nonlinear interest rate exposure in Spain

2010

PurposeThis paper aims to carry out a comprehensive analysis of the influence of interest rate risk on Spanish firms at the industry level.Design/methodology/approachThe methodology employed has its origin in the two‐index linear regression model proposed by Stone. This traditional interest rate exposure model has been extended in this paper to allow for a nonlinear exposure component as well as the presence of asymmetric behaviour in the exposure pattern.FindingsInterest rate exposure is not homogeneous for all the Spanish industries. In line with other markets, highly leveraged industries (construction and real estate), regulated industries (electrical and utilities), and banking industry…

Cap Rate as the Interpretative Variable of the Urban Real Estate Capital Asset: A Comparison of Different Sub‐Market Definitions in Palermo, Italy

2017

Real estate capital is in constant competition with other capital assets due to its different and complementary economic functions such as direct use, productive investment, and speculative investment. These features and the resulting opportunities cannot be easily deduced from direct observation of the real estate markets, so some further insights need to be carried out in order to highlight the relationship between prices, rents and performances. This study aims at providing a multifaceted perspective of a specific urban real estate market to overcome the difficulties arising from opacities and informative asymmetries that hinder the decision of investors, by facilitating the comparison o…

Decomposing and Interpreting Spatial Effects in Spatio-Temporal Analysis: Evidences for Spatial Data Pooled Over Time

2017

Empirical applications using individual spatial data pooled over time usually neglect the fact that such data are not only spatially localized: they are also collected over time, i.e. temporally localized. So far, little effort has been devoted to proposing a global way for dealing with spatial data (cross-section) pooled over time, such as real estate transactions, business start-up, crime and so on. However, the spatial effect, in such a context, can be decomposed in two different components: a multidirectional spatial effect (same time period) and a unidirectional spatial effect (previous time period). Based on real estate literature, this chapter presents different spatio-temporal autor…

A Comprehensive Spatiotemporal Framework for Hedonic Pricing: Integrating the Comparable Sales Approach and Minimizing Spatial Omitted Variable Bias

2019

This paper develops a theoretical and methodological framework that integrates Hedonic Pricing (HP), grid comparable sales approach (CSA), and nearest neighbors into a general spatiotemporal specification. By explicitly providing a theoretical justification for introducing spatial (or spatiotemporal) econometrics to HP, this approach is not only relevant to house price forecasting and automated valuation models (AVM) but also to valuing environmental goods capitalized in housing and to all other fields employing house pricing models. The resulting econometric CSA and spatiotemporal Durbin models provide higher prediction accuracy and reliability to alternatives by reducing the spatially-del…

Wykorzystanie modelu PESO do pomiaru poziomu ekspozycji i zaangażowania w prowadzonych w mediach społecznościowych działaniach promocyjnych pośrednik…

2019

The growing popularity of social media is accompanied by an increase in the importance of the quality and frequency of content published in the Internet. This entails constant analysis, among others, in the field of exposure and the involvement of Internet users in the media. Among the many available tools to carry out the above analysis, in this work the PESO model – Don Bartholomew was used. The aim of the paper is to implement the PESO model (measuring social media on many levels) on the real estate market and to analyze the level of exposure and social media involvement by real estate agents. The detailed objective is to analyze the information content of social media publications, vide…

Der Eigenthumserwerb am Wilde durch Occupation nach dem Privatrecht Liv-, Esth- und Kurlands, verglichen mit ausländischen Gesetzgebungen [... Eigent…

1904

The Urban Landscape and the Real Estate Market. Structures and Fragments of the Axiological Tessitura in a Wide Urban Area of Palermo

2016

The proposed study deals with the urban landscape of Palermo and its possible representation from the perspective of the real estate market analysis. Real estate is one of the most significant types of capital asset and the wide range of its possible utilizations makes complex the interpretation of the market phenomena. The multi-layered reality of such a large city (represented through the sample of 500 properties) needs to be articulated into a significant set of sub-markets in order to outline the complexity and to map the distribution of homogeneous groups of properties within the whole city area. The comparison between quality and price within each cluster allows us to elicit the degre…