Real estate development and environmental preservation

Environmental Variables and Real Estate Prices

The aim of this paper is to compare various real estate valuation models and the manner in which they take into account environmental variables. The reference model is taken to be a standard linear regression model including ordinal variables to measure environmental quality. This type of model is widely used. It is first compared to linear models which incorporate environmental quality notes e...

Real Estate Development in Conjunction with the Center for Real Estate in Partial Fulfillment

This paper examines the spatial structures of commercial real estate buildings (Offices, Retails) in four Chinese cities: Beijing, Shanghai, Shenzhen, and Guangzhou. In contrast to previous studies, this paper focused on the changes of the spatial pattern by involving the time variables to categorize the buildings into 3 time periods (Before 1995, 1996-2005, and 2006-2015). The research questio...

Nber Working Paper Series Real Estate Bubbles and Urban Development

Why are real estate bubbles so common? Can these bubbles actually do some good? Real estate booms have regularly occurred throughout the world leaving painful busts and financial crises in their wake. This paper suggests that real estate is a natural investment for more passive debt investors, including banks, because real estate’s flexibility makes it better collateral than specifically built ...

DECISION THEORY AND REAL ESTATE DEVELOPMENT A Note on Uncertainty

Real estate development appraisal is a quantification of future expectations. The appraisal model relies upon the valuer/developer having an understanding of the future in terms of the future marketability of the completed development and the future cost of development. In some cases the developer has some degree of control over the possible variation in the variables, as with the cost of const...

Organizational performance and Real estate