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  • 标题:Determinants of the real estate market: the Romanian case
  • 本地全文:下载
  • 作者:Popescu, Dumitru Dan ; Ciora, Costin
  • 期刊名称:Theoretical and Applied Economics
  • 印刷版ISSN:1841-8678
  • 电子版ISSN:1844-0029
  • 出版年度:2015
  • 卷号:XXII
  • 期号:Special(III)
  • 页码:21-34
  • 出版社:Asociatia Generala a Economistilor din Romania - AGER
  • 摘要:Real estate represents a significant portion of most people's wealth, and this is especially true for many homeowners everywhere in the world. The size and scale of the real estate market make it an attractive and lucrative sector for many investors. This paper aim at presenting the main determinants of the real estate market in Romania such as demographics, interest rates of financing instruments, the economy (measured by economic indicators such as the GDP, employment data, manufacturing activity, the prices of goods), government policies/subsidies legislation that can have a sizable impact on property demand and price, real estate investment opportunities, depth and sophistication of capital markets, investor protection and legal framework, administrative burdens and regulatory limitations, and socio-cultural and political environment.
  • 关键词:Real estate market; Romania; Government policies.
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