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A real-estate bubble is a type of economic bubble that occurs in local or global real estate markets, and it typically follows a land boom. Learn about the identification, prevention, and macroeconomic significance of real-estate bubbles, and see examples and indicators from various countries.
Pricing strategies and tactics vary from company to company, and also differ across countries, cultures, industries and over time, with the maturing of industries and markets and changes in wider economic conditions. [2] Pricing strategies determine the price companies set for their products. The price can be set to maximize profitability for ...
The 2000s US housing bubble was a sharp rise and fall of house prices that caused the subprime mortgage crisis and the Great Recession. Many people could not afford their mortgages, lost their homes, and faced foreclosure.
Bid rent theory explains how the price and demand for real estate change as the distance from the central business district (CBD) increases. It is based on the idea that different land users compete for the most accessible land and pay different amounts of rent, creating a concentric zone model of land use.
Learn about the application of economic techniques to real estate markets, the main participants, the unique characteristics, and the adjustment mechanisms. Explore the demand and supply factors, the housing industry, and the housing market.
Blockbusting is a business practice in the US that exploited white homeowners' fear of racial integration by selling their properties to black families at low prices. Learn about the historical and legal context, the methods and effects of blockbusting, and the contemporary challenges of racial segregation in housing.
In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...
A price ceiling is a limit on how high a price is charged for a product, commodity, or service. Learn about the reasons, benefits, and drawbacks of price ceilings, and see some historical and current examples from different sectors and countries.