Housing Markets Flashcards
1
Q
Factors operating in the housing market
A
- Political
- economical
- social
- institutional
- legal
- physical
- cultural
2
Q
How do housing markets work
A
D and S drive rent levels which in turn determine asset value and overtime capitalizations which in turn tell developers whether they will be compensated for risks/ expenses / investments
3
Q
What is Disaggregation?
A
The dividing up of housing stock with in which housing units have certain characteristics but are able to be substitutes for each other
4
Q
What is segmentation
A
The dividing up of house holds in to submarkets in which household have certain characteristic which generate similar prefences and demand for certain products
5
Q
DISaggregation house type
A
-tenure - type of building
- amenities
- economic choices- services like shops gyms
- geographical choices
- construction status
