Search results for "real estate"
showing 10 items of 153 documents
Closing and Reporting
2014
It often happens that closing and reporting do not deserve particular attention from the contractor or consultant Project Manager, however, they are important. This chapter analyzes diverse situations that imply risk specifically related to an owner being dissatisfied owing to a deficiency of documentation in quantity and quality handed over, or perhaps due to a lack of quality in finishing concrete work, or through failure to clean the site. The chapter analyzes these aspects, pointing out that closing-out a project is a process as important as the rest of the processes in the project’s life cycle, and examines the need to produce a good Technical Memory that must incorporate a string of i…
Efficiency, Fairness and Sustainability in Social Housing Policy and Projects
2023
The provision of affordable housing for low-income households is a very complex issue long debated in many countries around the world. Social Housing (SH) is one of the tools for achieving fairness, social sustainability and economic feasibility, and is interrelated with politics, ethics and economics, as well as the environment, architecture and technology. In other words, national and local policy, and also public and private financial resources are all needed to provide SH. SH also involves social and urban transformations and is, consequently, linked to urban planning and redevelopment projects, real estate market dynamics and cooperation between public and private stakeholders. Further…
ASSESSMENT OF EUROPEAN COMISSION’S REGIONAL POLICY IMPACT ON REAL ESTATE INVESTMENT IN A POST-SOVIET CITY: CASE STUDY OF SELECTED NEIGHBOURHOODS IN R…
2012
Europe 2020 strategy, the replacement of Lisbon strategy for jobs and growth, is an “umbrella strategy” for development of all policy areas in countries of European Union, EU setting concrete target aims to be reached until year 2020 that are ambitious than the previous Lisbon strategy. All other policies of European Commission, EC or Commission, are supporting the Europe 2020 strategy, including the EC’s regional. Nowadays, growth and development at a local level within EU is seen as part of Commission’s regional policy aimed at contributing to the “umbrella strategy”. Its purpose is to help to achieve the overall goals of Europe 2020 strategy. EC’s regional policy in point of fact is an …
How Do Insured Deposits Affect Bank Risk? Evidence from the 2008 Emergency Economic Stabilization Act
2017
Abstract This paper tests whether an increase in insured deposits causes banks to become more risky. We use variation introduced by the U.S. Emergency Economic Stabilization Act in October 2008, which increased the deposit insurance coverage from $100,000 to $250,000 per depositor and bank. For some banks, the amount of insured deposits increased significantly; for others, it was a minor change. Our analysis shows that the more affected banks increase their investments in risky commercial real estate loans and become more risky relative to unaffected banks following the change. This effect is most distinct for affected banks that are low capitalized.
The survival of firms over the critical first 3 years and the local environment
1998
The aim of this study was to examine the success of new firms in different environments and the factors affecting it. In this study the criterion of a successful firm is that of continued functioning, and firms are divided into two groups: those that have closed down and those that continue after the critical first 3 years. As the basis for a regional analysis the authors look first at the differences between these two groups in terms of the characteristics of firms and entrepreneurs. The regional distribution of the firms that closed down is then examined, followed by an analysis of the regional differences in the characteristics of all the firms and entrepreneurs studied. Regional differe…
Urban segregation and unemployment: A case study of the urban area of Marseille – Aix-en-Provence (France)
2018
International audience; In this paper, we study the effects of the spatial organization of the urban area of Marseille – Aix-en-Provence on unemployment there. More specifically, differences in the characteristics of the residential population induce urban stratification with the result that urban structure may affect the probability of employment. In order to evaluate the effects of spatial structure on unemployment, we implement a spatial probit model to reveal the employment probabilities of young adults still living with their parents. Our results support the hypothesis that living in or near a deprived neighborhood decreases the probability of employment.
David J. Smith, David J. Galbreath & Geoffrey Swain (eds), From Recognition to Restoration: Latvia's History as a Nation-State. On the Boundary o…
2012
David J. Smith, David J. Galbreath & Geoffrey Swain (eds), From Recognition to Restoration: Latvia's History as a Nation-State. On the Boundary of Two Worlds: Identity, Freedom, and Moral Imaginati...
Household debt and labor market fluctuations
2011
Abstract The co-movements of labor productivity with output, total hours, vacancies and unemployment have changed since the mid 1980s. This paper offers an explanation for the sharp break in the fluctuations of labor market variables based on endogenous labor supply decisions following the mortgage market deregulation. We set up a search model with efficient bargaining and financial frictions, in which impatient borrowers can take an amount of credit that cannot exceed a proportion of the expected value of their real estate holdings. When borrowers' equity requirements are low, the impact of a positive technology shock on the marginal utility of consumption is strengthened, which in turn re…
Automatic research of the capitalization rate for the residential automated valuation: an experimental study in Cosenza (Italy).
2017
When a market oriented approach is not applicable because of the lack of comparable sales data (Ciuna et al. 2014a), International Valuation Standards suggest the use of the Income Approach, which has the task of simulating the market through an economic and financial scheme. The central question of this approach is due to the quantification of the capitalization rate, whereas it is generally extracted in a market segment different from that of the subject. This paper intends to propose an automated valuation model of the capitalization rate based on a real estate database built through a computerized geocoding automatic procedure, starting from the application of statistical models of mult…
A description model for regeneration through urban tourism in rural towns with underused historic real estate
2016
Il presente contributo propone un modello di descrizione (description model) che trova applicazione in una situazione reale di aiuto alla decisione posto dall'urbanista per lo sviluppo turistico delle città rurali nelle zone dell'entroterra siciliano. Il problema decisionale riguarda la città di Cianciana (AG), che negli ultimi anni si è resa protagonista di un particolare fenomeno di turismo internazionale. In particolare, proponiamo un quadro valutativo multicriteriale per la riqualificazione fisica ed economica del centro storico della città attraverso lo sviluppo del turismo. Il modello presentato, relativo a un problema decisionale di tipo descrittivo, è orientato a supportare i deciso…