STUDY ON THE ROMANIAN REAL ESTATE MARKET - RISE AND FALL

被引：0

作者：

Budica, Bogdan Andrei ^{[1
]}

Ploscaru, Cristina Claudia ^{[1
]}

机构：

[1] Univ Craiova, Craiova, Romania

来源：

PROCEEDINGS OF THE 4TH INTERNATIONAL CONFERENCE ON BUSINESS EXCELLENCE, VOL 1 | 2009年

关键词：

banks; crisis; depreciation; developers; loans; prices;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Our paper aims at depicting the Romanian economic reality of the real estate market, in the circumstances of the global economic crisis. There are at least two factors that could be answers to this real estate chaos. Firstly- the greed of both "players"- the bankers, who have lent money in exchange of unjustifiably high interests and in their turn, the entrepreneurs, who on one hand were willing to pay these interests in order not to lose the opportunity, and on the other hand they would recover the money anyway when they put on sale the villas and the apartments built. Secondly- Romanians' recklessness to take out large loans that for many of them meant half the salary for the next 10-20 years. Though the prices of the real estate have dropped by 30%-40%, our conclusion is that the business on the Romanian real estate market will be blocked this year in correlation with the global crisis.

引用

页码：64 / 66

页数：3

共 50 条

[21] ADVERTISING & REAL ESTATE BUBBLE PROPOSAL FOR THE STUDY OF ADVERTISING HOUSING MARKET (1997-2006) [J].

Fernandez Rincon, Antonio Raul .

VIVAT ACADEMIA, 2014, (126) :1-19

[22] Dual process of dual motives in real estate market Indonesia [J].

Njo, Anastasia ;

Made, Narsa I. ;

Irwanto, Andry .

INTERNATIONAL JOURNAL OF HOUSING MARKETS AND ANALYSIS, 2019, 12 (01) :25-42

[23] An Investigation on Real Estate Market Dynamics and Bubble Formation Modeling [J].

Iancu, Laura Andreea ;

Croicu, Andreea Elena ;

Rogojan, Luana Cristina .

PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON BUSINESS EXCELLENCE, 2023, 17 (01) :1603-1616

[24] The cadastral value as a tool for monitoring the real estate market value [J].

Laski, M. B. ;

Gadasina, L., V ;

Zaytseva, E. A. .

VESTNIK SANKT-PETERBURGSKOGO UNIVERSITETA-EKONOMIKA-ST PETERSBURG UNIVERSITY JOURNAL OF ECONOMIC STUDIES, 2021, 37 (01) :84-108

[25] Impact of Anticipated and Unanticipated Monetary Policy on Real Estate Market: A Study Based on SVAR Model [J].

Xiao, Chunhuan ;

Pang, Bo .

PROCEEDINGS OF THE 3RD INTERNATIONAL CONFERENCE ON ECONOMICS, MANAGEMENT, LAW AND EDUCATION (EMLE 2017), 2017, 32 :174-180

[26] Assessment of the Real Estate Market Value in the European Market by Artificial Neural Networks Application [J].

Cetkovic, Jasmina ;

Lakic, Slobodan ;

Lazarevska, Marijana ;

Zarkovic, Milos ;

Vujosevic, Sasa ;

Cvijovic, Jelena ;

Gogic, Mladen .

COMPLEXITY, 2018,

[27] Theoretical and empirical analysis of the multiperiod pricing pattern in the real estate market [J].

Ben-Shahar, D .

JOURNAL OF HOUSING ECONOMICS, 2002, 11 (02) :95-107

[28] The real estate market in Ghana: the nexus between price and income levels [J].

Gyadu-Asiedu, William ;

Anewuoh, Firmin ;

Appiadu-Boakye, Kennedy .

BUILT ENVIRONMENT PROJECT AND ASSET MANAGEMENT, 2023, 13 (01) :56-72

[29] Real estate market response to enhanced building codes in Moore, OK [J].

Simmons, Kevin M. ;

Kovacs, Paul .

INTERNATIONAL JOURNAL OF DISASTER RISK REDUCTION, 2018, 27 :85-93

[30] Effect of the Xiong'an New Area Policy on the Real Estate Market in Beijing [J].

Chen, Shuyun ;

Li, Qi ;

Wu, Wen-Ze ;

Zhang, Yan .

JOURNAL OF URBAN PLANNING AND DEVELOPMENT, 2022, 148 (02)

← 1 2 3 4 5 →