Factors Affecting the Real Estate Prices in Pakistan
AbstractThe current study examines the effect of factors influencing the prices of real estate in Quetta city. Hypothetically, this study is based upon five observed factors(urbanization, refugees’ influx, monetary, lack of investment alternatives and inflow of foreign remittances) in relation to the prices of real estate. Questionnaire developed on the basis of above variables were administered to a heterogeneous sample of 50property dealers and Quetta Development Authority. Descriptive statistics (percentage,percentile and frequency distribution) were used to identify the level of influence and the relation of above mentioned attributes towards the prices of real estate. The results revealed that the prices of real estate in the region have been on an increasing trend and strong influence of all variables especially of government’s monetary and fiscal polices and urbanization was found significant on the prices of real estate in Quetta.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Asian Economic and Social Society in its journal Asian Economic and Financial Review.
Volume (Year): 1 (2011)
Issue (Month): 2 (June)
Contact details of provider:
Postal: Sadeeq Block, Near Fawara Chowk, Abbasia Town, Rahim Yar Khan - 64200, Punjab, Pakistan
Web page: http://www.aessweb.com/
Real estate; prices; Quetta;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Pace, R Kelley & Barry, Ronald & Sirmans, C F, 1998.
"Spatial Statistics and Real Estate,"
The Journal of Real Estate Finance and Economics,
Springer, vol. 17(1), pages 5-13, July.
- Michael J. Roberts & Barrett Kirwan & Jeffrey Hopkins, 2003. "The Incidence of Government Program Payments on Agricultural Land Rents: The Challenges of Identification," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(3), pages 762-769.
- Tomislav Vukina & Ada Wossink, 2000. "Environmental Policies and Agricultural Land Values: Evidence from the Dutch Nutrient Quota System," Land Economics, University of Wisconsin Press, vol. 76(3), pages 413-429.
- Francois Ortalo-Magne & Sven Rady, 2002.
"Homeownership: Low Household Mobility, Volatile Housing Prices, High Income Dispersion,"
CESifo Working Paper Series
823, CESifo Group Munich.
- Sven Rady, 2002. "Homeownership: Low household mobility, volatile housing prices, high income dispersion," FMG Discussion Papers dp432, Financial Markets Group.
- Falk, Barry L., 1991. "Formally Testing the Present Value Model of Farmland Prices," Staff General Research Papers 11093, Iowa State University, Department of Economics.
- Miranowski, John, 1993. "Understanding Farmland Price Changes," Staff General Research Papers 10696, Iowa State University, Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Asian Economic and Social Society).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.