IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2006_164.html
   My bibliography  Save this paper

Markets And Market Structures In Real Estate: Expanding The Research Paradigm

Author

Listed:
  • Éamonn D'Arcy

Abstract

While much research effort has been spent on pricing issues in real estate comparatively little consideration has been given to the analysis of how real estate markets function and market structures evolve. This is surprising considering that the market and its structure inevitably underpins and impacts on pricing. Market structures condition behaviour, determine incentives and ultimately influence performance. This paper attempts to address some of these issues through a critical analysis of the respective merits and applicability of traditional and institutional approaches to the analysis of markets and market structures in real estate. The objectives are also to clarify the deficiencies in existing approaches and to assess their potential to contribute to core real estate knowledge. The insights gained from this analysis are used to interpret contemporary possess of change in the real estate market as a means of assessing the practical relevance of a ëmarketí focused approach to research and analysis. The paper concludes with an assessment of the issues identified for the future direction of real estate research in this area.

Suggested Citation

  • Éamonn D'Arcy, 2006. "Markets And Market Structures In Real Estate: Expanding The Research Paradigm," ERES eres2006_164, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2006_164
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2006-164
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2006_164. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.