Consumerism and Land Sales
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چکیده
منابع مشابه
Take One - or Three - for the Team: Consumerism as Play
With the expansion of consciousness driven by further discovery and creation of the digital realm, scholars have witnessed the birth of societal structures and cultures, originally found in the physical realm, within the digital realm. This has been documented mainly in the creation of communities within MMORPGs and synthetic worlds 1 [1]. Although these communities are defined as being based a...
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In a recen t study, Peng and Wheaton empirically exam ine the effect of restricti ve land supply on Hong Kong house prices. However, we argue that the impact of the supply of new land by the Hong Kong government is not as important as they maintain in accounting for the volatile house prices in Hong Kong. We show that there is no causal relation ship between land supply and housing prices. Our ...
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• Observe that land sales markets between large landlords and small peasants are thin/segmented because: 1. Land is overpriced for small buyers relative to value in use (borrowing capacity): the price of land internalizes tax advantages, expected speculative gains, wealth sheltering, social status effects, and collateral value. 2. Smallholders do not have access to long term credit. 3. Even if ...
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During the early years of the 1981-87 decline in Indiana land values, there were reports of decreasing numbers of sales and increasing amounts of land for sale. This situation was reversed about 1987 and continues today as indicated by a majority of Purdue land values survey respondents who believe there is less land on the market now than a year ago and that sales have picked up. The same or l...
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Research publications reflect the views of the authors and do not necessarily reflect the views of the staff, officers, or Board of Directors of the Public Policy Institute of California. Short sections of text, not to exceed three paragraphs, may be quoted without written permission provided that full attribution is given to the source and the above copyright notice is included. iii Foreword A...
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