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The Real Estate Market In The Jordanian Economy

Author

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  • Nawaf Saleh Al-Fayez

Abstract

This paper attempts to analyze the properties and dynamics of the real estate market in the Jordanian economy, seeking to recognize the outcomes of state regulation on its development. The study suggests that property market is heavily influenced by population growth and foreign demand by neighboring countries. The most dynamic in its development are the low- and medium-sized apartment segments due to the strong immigrant flow from Syria, as well as highbudget projects financed by large foreign investors, mainly from neighboring countries of Jordan. Historically, government regulation of is both institutional and instrumental with great flexibility and a selective approach to market participants.

Suggested Citation

  • Nawaf Saleh Al-Fayez, 2019. "The Real Estate Market In The Jordanian Economy," INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "CONSTRUCTION ENTREPRENEURSHIP AND REAL PROPERTY", University of Economics - Varna, issue 1, pages 211-219.
    • Handle: RePEc:vrn:emccon:y:2019:i:1:p:211-219
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    More about this item

    Keywords

    Development; Jordanian economy; Real estate market; Taxation;
    All these keywords.

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

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