It’s time for property managers to do the same
A few years back, before the beginning of the COVID-19 pandemic, I wrote an article that discussed prioritizing demands over needs during economic turmoil. Maslow's hierarchical hierarchy indicates…
Stamp duty isn’t going anywhere until we can agree on the tax to replace it
Most economists and politicians think stamp duty is an unpopular tax. However, most state and territorial governments depend on it to pay for their electricity.…
What you need to know about Canada’s new first home savings account
The process of buying a house is becoming more difficult to Canadians. However, there's a new option to help homebuyers get their foot on the ladder…
Grand infrastructure projects aren’t a magic bullet for industrial development
The flagship African Union initiative Agenda 2063 initiative focuses on the development of large-scale infrastructure which pledges to "link the continent by rail, road, sea and air". The process…
The Role of Tenant Characteristics in Retail Cap Rate Variation
This research examines credit risk pricing using variations in caps rates for single net lease (STNL) homes. Although there is plenty of research on macro-…
Land Prices and the Development Process
When the area of the lot increases and the land area increases, it is assumed that the cost of land will rise steadily. If the…
Analyzing the Impacts of Property Age on REITs and the Reasons Why REITs Own Older Properties
This paper first outlines the impact of age-related properties on the efficiency of operations, portfolio risk, and the market value of REITs. Based on these…
China’s Housing Reform and Labor Market Participation
The 1994-1998 housing reform in China permitted state employees to purchase their public homes at a substantial discount. By exploiting housing reform as an exogenous…
Legal Versus Psychological Contracts: When Does a Mortgage Default Settlement Contract Become a Contract?
This research improves our comprehension of mortgage default settlements by examining how borrowers make their decisions in contract negotiations. We discuss two major study questions:…
Revisiting the Autocorrelation of Real Estate Returns
Real estate returns typically have a positive autocorrelation. However, we discovered two oddities in our Hong Kong housing market data. One is that the autocorrelations…