The damaging effects of extreme weather is concerning for many countries across the globe.Though the impact of these events on the housing market has been studied extensively,one aspect that remains unexplored is the ...The damaging effects of extreme weather is concerning for many countries across the globe.Though the impact of these events on the housing market has been studied extensively,one aspect that remains unexplored is the value of mortgages.Further,there is no clarity on the impact of the specific types of homes.This study analyzed mortgages and apartment values and included residential land sale prices over 16 years for different localities across Jamaica.The analysis revealed that mortgages are adversely affected by excess rainfall while apartment sale prices are reduced by hurricanes but increased by excess rain.However,residential land prices remain unaffected by both events.The results point to the importance of climate adaptation for the local real estate market and property investment.展开更多
Acoustic climate of a given area ought to be a factor of considerable significance in investment processes in an urbanized area, especially in a residential real estate market, due to its extensive influence on the li...Acoustic climate of a given area ought to be a factor of considerable significance in investment processes in an urbanized area, especially in a residential real estate market, due to its extensive influence on the living standards of its inhabitants. In the following article, the authors have given an analysis of the residential market of housing units located in areas of acceptable and excessive noise levels in preselected regions of Poland. With this end in view, an entirely new source of information has been used in the research--an acoustic map which has been defined and applied to produce the outcome of the analysis. It allowed for the recognition of whether or not the noise level influences decisions made by investors existing in a local residential real estate market.展开更多
文摘The damaging effects of extreme weather is concerning for many countries across the globe.Though the impact of these events on the housing market has been studied extensively,one aspect that remains unexplored is the value of mortgages.Further,there is no clarity on the impact of the specific types of homes.This study analyzed mortgages and apartment values and included residential land sale prices over 16 years for different localities across Jamaica.The analysis revealed that mortgages are adversely affected by excess rainfall while apartment sale prices are reduced by hurricanes but increased by excess rain.However,residential land prices remain unaffected by both events.The results point to the importance of climate adaptation for the local real estate market and property investment.
文摘Acoustic climate of a given area ought to be a factor of considerable significance in investment processes in an urbanized area, especially in a residential real estate market, due to its extensive influence on the living standards of its inhabitants. In the following article, the authors have given an analysis of the residential market of housing units located in areas of acceptable and excessive noise levels in preselected regions of Poland. With this end in view, an entirely new source of information has been used in the research--an acoustic map which has been defined and applied to produce the outcome of the analysis. It allowed for the recognition of whether or not the noise level influences decisions made by investors existing in a local residential real estate market.