ID | 122460 |
Title Proper | Effects of transaction costs, landlord and tenant practices and property rights on foreign real estate investment |
Language | ENG |
Author | Fereidouni, Hassan Gholipour ; Al-mulali, Usama ; Mohammed, Miswan Abdul Hakim Bin |
Publication | 2013. |
Summary / Abstract (Note) | The purpose of this article is to examine the relationships between real estate market factors (transaction costs, landlord and tenant practices and property rights) and foreign real estate investments (FREI) after controlling for other relevant determinants of FREI. This article uses related observations from 38 countries to investigate the relationships between real estate market factors and FREI. Our analysis shows that countries with lower transaction costs and higher level of property rights attract greater amounts of FREI. Furthermore, our empirical results indicate that there is a positive and significant relationship between pro-landlord practices and FREI. |
`In' analytical Note | Margin Vol. 7, No.3; Aug 2013: p.351-370 |
Journal Source | Margin Vol. 7, No.3; Aug 2013: p.351-370 |
Key Words | Foreign Real Estate Investments ; Transaction Costs ; Landlord and Tenant Practices ; Property Rights |