This paper is concentrated on analyzing the CEE （Central and Eastern European） countries housing and lending market development in 2002-2009. These countries experienced real estate boom and bust phases during that ...This paper is concentrated on analyzing the CEE （Central and Eastern European） countries housing and lending market development in 2002-2009. These countries experienced real estate boom and bust phases during that time and the aim of this paper is to understand which of these countries have the greatest potential for housing market recovery. The study has conducted comparable analysis of these countries and their real estate and lending market. The data was collected from central banks, national statistic offices and real estate companies. The results suggest that countries with higher housing debt had stronger real estate booms and the current bust-cycle has caused much steeper decline in prices. This paper attempts to look at the CEE housing markets from the developer＇s or investor＇s point of view and may be useful for banks and other financial institutions which are related to housing market and lending.展开更多
According to the on-the-spot sampling investigation, this paper an alyzes the conditions of different districts, different locales and different ty pes of the vacant commercial housing as well as the contributing fact...According to the on-the-spot sampling investigation, this paper an alyzes the conditions of different districts, different locales and different ty pes of the vacant commercial housing as well as the contributing factors, which was completed in recent three years in Guangzhou urban district. It is found tha t vacant ratio of samples in Guangzhou accounted for 20.94%, which is relativel y high. The authors argue that real estate industry of Guangzhou has made rapid progress, at the same time, people should not overlook the vacant commercial hou sing. It will benefit the sustainable development of the real estate industry of Guangzhou to carry out effective measures and actively to make use of present v acant housing.展开更多
In this paper we demonstrate that price-to-income ratio （PIR） is the most precise indicator of measuring bubble levels in China＇s urban hoasing market under current conditions. We have built a model to measure the ...In this paper we demonstrate that price-to-income ratio （PIR） is the most precise indicator of measuring bubble levels in China＇s urban hoasing market under current conditions. We have built a model to measure the reasonable PIR ceiling. Based on current mortgage rates, loan terms and down payment ratios, we conclude that the reasonable PIR for China ＇s urban residents should lie between 4.38-6.78 and should not exceed 7. 7hen, using statistical data, we calculate current PIR in China ＇s major cities. With reference to proper PIR, we conclude the existence of bubbles in China ＇s urban housing market; in particular, bubbles hace grown enormously large in some first-tier cities, which pose a huge financial risk. Based on the above analysis, we propose some policy suggestions to carefully deflate the bubbles in these housing markets.展开更多
The scarcity of housing increases as population continues to rise all over the world. Despite government efforts at providing houses, yearly demand keeps on exceeding available houses and hence the hike in rent, the c...The scarcity of housing increases as population continues to rise all over the world. Despite government efforts at providing houses, yearly demand keeps on exceeding available houses and hence the hike in rent, the cost of erecting houses and the cost of building materials. This ultimately calls for a decisive solution. This study therefore applied compliance to cost ratio (C-CR) analysis in evaluating the optimum properties of fired ceramic bricks. The optimum mix proportions of waste glass (WG) and wood saw dust (WSD) in fired bricks, that will be suitable for housing constructions were hence determined. Fired clay brick samples which contained varied proportions of WG and WSD were examined for physical, mechanical and thermal properties in line with standard procedures. The results were compared with existing standards and property evaluation index, compliance level and C-CR were applied in analyzing the results obtained. It was observed that with increasing WG content, compliance level increased. Also, cost ratio and experimental cost of each brick sample trended upward. Sample with mix proportion;20 wt% WG, 5 wt% WSD and 75 wt% clay had compliance level of 94% and C-CR index of 7.81, hence chosen as optimum mix proportion for masonry bricks.展开更多
Housing in the private sector in the metropolitan of Tehran in the past decades has been very much tied to the economical considerations, The current urban and building standards and regulations are believed to have v...Housing in the private sector in the metropolitan of Tehran in the past decades has been very much tied to the economical considerations, The current urban and building standards and regulations are believed to have very much contributed to the undermining the many social, environmental and visual potentials of the neighborhoods and to what we face today as congested apartment atmosphere where and the monotonous character of most of the neighborhoods as a result of the very same plans and regulations applied to their development namely the setbacks, land coverage ratios and floor to land area ratios with no regard to the very different characters many of these neighborhoods once had, either traditional and long-established or scenic and natural. The purpose of this paper is to briefly review the current state and trend of urban housing in Tehran and search for practical measures to improve the environment and character of urban housing in the city.展开更多
文摘This paper is concentrated on analyzing the CEE （Central and Eastern European） countries housing and lending market development in 2002-2009. These countries experienced real estate boom and bust phases during that time and the aim of this paper is to understand which of these countries have the greatest potential for housing market recovery. The study has conducted comparable analysis of these countries and their real estate and lending market. The data was collected from central banks, national statistic offices and real estate companies. The results suggest that countries with higher housing debt had stronger real estate booms and the current bust-cycle has caused much steeper decline in prices. This paper attempts to look at the CEE housing markets from the developer＇s or investor＇s point of view and may be useful for banks and other financial institutions which are related to housing market and lending.
文摘According to the on-the-spot sampling investigation, this paper an alyzes the conditions of different districts, different locales and different ty pes of the vacant commercial housing as well as the contributing factors, which was completed in recent three years in Guangzhou urban district. It is found tha t vacant ratio of samples in Guangzhou accounted for 20.94%, which is relativel y high. The authors argue that real estate industry of Guangzhou has made rapid progress, at the same time, people should not overlook the vacant commercial hou sing. It will benefit the sustainable development of the real estate industry of Guangzhou to carry out effective measures and actively to make use of present v acant housing.
文摘In this paper we demonstrate that price-to-income ratio （PIR） is the most precise indicator of measuring bubble levels in China＇s urban hoasing market under current conditions. We have built a model to measure the reasonable PIR ceiling. Based on current mortgage rates, loan terms and down payment ratios, we conclude that the reasonable PIR for China ＇s urban residents should lie between 4.38-6.78 and should not exceed 7. 7hen, using statistical data, we calculate current PIR in China ＇s major cities. With reference to proper PIR, we conclude the existence of bubbles in China ＇s urban housing market; in particular, bubbles hace grown enormously large in some first-tier cities, which pose a huge financial risk. Based on the above analysis, we propose some policy suggestions to carefully deflate the bubbles in these housing markets.
文摘The scarcity of housing increases as population continues to rise all over the world. Despite government efforts at providing houses, yearly demand keeps on exceeding available houses and hence the hike in rent, the cost of erecting houses and the cost of building materials. This ultimately calls for a decisive solution. This study therefore applied compliance to cost ratio (C-CR) analysis in evaluating the optimum properties of fired ceramic bricks. The optimum mix proportions of waste glass (WG) and wood saw dust (WSD) in fired bricks, that will be suitable for housing constructions were hence determined. Fired clay brick samples which contained varied proportions of WG and WSD were examined for physical, mechanical and thermal properties in line with standard procedures. The results were compared with existing standards and property evaluation index, compliance level and C-CR were applied in analyzing the results obtained. It was observed that with increasing WG content, compliance level increased. Also, cost ratio and experimental cost of each brick sample trended upward. Sample with mix proportion;20 wt% WG, 5 wt% WSD and 75 wt% clay had compliance level of 94% and C-CR index of 7.81, hence chosen as optimum mix proportion for masonry bricks.
文摘Housing in the private sector in the metropolitan of Tehran in the past decades has been very much tied to the economical considerations, The current urban and building standards and regulations are believed to have very much contributed to the undermining the many social, environmental and visual potentials of the neighborhoods and to what we face today as congested apartment atmosphere where and the monotonous character of most of the neighborhoods as a result of the very same plans and regulations applied to their development namely the setbacks, land coverage ratios and floor to land area ratios with no regard to the very different characters many of these neighborhoods once had, either traditional and long-established or scenic and natural. The purpose of this paper is to briefly review the current state and trend of urban housing in Tehran and search for practical measures to improve the environment and character of urban housing in the city.
