2015
Historical Perspective of Residential Development and its Impact on the Current Market Prices of Apartments on the Czech Real Estate Market
CUPAL, MartinZákladní údaje
Originální název
Historical Perspective of Residential Development and its Impact on the Current Market Prices of Apartments on the Czech Real Estate Market
Autoři
Vydání
26. vyd. Amsterdam, Procedia Economics and Finance, od s. 144-151, 8 s. 2015
Nakladatel
Elsevier
Další údaje
Jazyk
angličtina
Typ výsledku
Stať ve sborníku
Obor
50200 5.2 Economics and Business
Stát vydavatele
Nizozemské království
Utajení
není předmětem státního či obchodního tajemství
Forma vydání
elektronická verze "online"
Označené pro přenos do RIV
Ano
Kód RIV
RIV/00216224:14560/15:00091329
Organizační jednotka
Ekonomicko-správní fakulta
ISSN
UT WoS
Klíčová slova anglicky
Market price; real estate; linear model; residential house; flat;
Příznaky
Mezinárodní význam, Recenzováno
Změněno: 8. 12. 2016 11:30, doc. Ing. et Ing. Martin Cupal, Ph.D. et Ph.D.
Anotace
V originále
Historical development of residential housing is likely to have had certain influence on the current market prices of apartments. It is therefore important to ensure that the influence is correctly evaluated and adjusted to eliminate other factors. The influence is identified in relation to the probable motives and preferences relating to demand. The methodology is based on the formation of a comparative database of apartments, as homogeneous as possible, across different periods of construction on the Czech real estate market which can be divided into specific periods of time, each having their own characteristic features. Each database corresponds with a city with distinctive differences defined. The compiled and modified database can be statistically tested using linear parametric and non-parametric models. The findings indicate existence of price differences across the individual periods of construction, and facilitate a formulation of a functional (graphic) expression of the dependence for individual cities as well as an aggregate for the entire Czech market, i.e. a global curve. Subsequently, other possible causes, apart from the demand, are discussed.