Previous studies on the price and time trade-off in real estate focused primarily on the real estate traded in the secondary market. This relation, however, depends rather critically on seller motivations. This study examines the price and time trade-off for new residential developments where developer motivations differ substantially from individual seller motivations. In addition, by using th...

  This paper aimed at estimation of the per capita consumption of electricity in residential sector based on economic indicators in Iran. The Genetic Algorithm Electricity Demand Model (GAEDM) was developed based on the past data using the genetic algorithm approach (GAA). The economic indicators used during the model development include: gross domestic product (GDP) in terms of per capita and ...

This article provides a methodology for the economic analysis of the potential consequences of a simulated anthrax terrorism attack on real estate within the Seattle metropolitan area. We estimate spatially disaggregated impacts on median sales price of residential housing within the Seattle metro area following an attack on the central business district (CBD). Using a combination of longitudin...

The relationship between the quality of finishing works, costs, market value, and profit, is presented and explained for residential buildings. The results show that the higher quality of finishing works increases profit for investors. As the maximum market price is limited, there is a limit when the investment in finishing work is no longer cost-effective as, after increase in costs, the marke...

We focus on residential electricity and gas demand, and ask three research questions. First, how does residential energy use respond to prices? We specifically wish to examine whether ownand cross-price elasticities have changed in recent years, given the evolution of the energy market. Second, is such responsiveness sensitive to equipment and energy choices that are not easily reversed (e.g., ...

Purpose – The purpose of this paper is to propose a grey linear control system for regulating the price of China’s real estate and provide the necessary support to assist the relevant management departments with their policy making. Design/methodology/approach – A grey state equation of the real estate market price that can reflect both the market supply-demand price mechanism and the productio...

Most real estate studies have been concerned with exploring the macroeconomic determinants of housing prices. Little attention has been paid to the context in which property markets function. This study, however, goes beyond macroeconomic factors and explores how country specifi c factors such as cultural values infl uence residential property markets. We have tested and verifi ed the assumptio...