Interrelation of Large-Scale Property Development Project and the Local Real Estate Market. Evidence from Hungary

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dc.contributor.authorTóth , Csaba
dc.date.issued2019-12-20
dc.description.abstractThe Hungarian real estate market has gone through a widely fluctuating phase in the new millennium, which has not missed periods of surge, crisis-driven gloom and recovery. Amidst these conditions, an international developer engaged in a large-scale, long-timeframe residential property building project (Sasad Liget Residential Complex) in District XI of the Hungarian capital. The article examines the exposures and impacts of the development project to the external factors. The deployed quantitative statistical methods reveal that despite the considerable weight of the project, the in-market performance of SLRC has been the function of the general swings of the sector. Further, although the project generated higher demand than the bulk of other properties in the vicinity, its weight has not been enough to impact the property market of District XI at a statistically significant degree. JEL Classification: E31, R31en
dc.formatapplication/pdf
dc.identifier.citationApplied Studies in Agribusiness and Commerce, Vol. 13 No. 1-2 (2019) , 37-46
dc.identifier.doihttps://doi.org/10.19041/APSTRACT/2019/1-2/4
dc.identifier.eissn1789-7874
dc.identifier.issn1789-221X
dc.identifier.issue1-2
dc.identifier.jatitleAPSTRACT
dc.identifier.jtitleApplied Studies in Agribusiness and Commerce
dc.identifier.urihttps://hdl.handle.net/2437/317534en
dc.identifier.volume13
dc.languageen
dc.relationhttps://ojs.lib.unideb.hu/apstract/article/view/4936
dc.rights.accessOpen Access
dc.subjectResidential property developmenten
dc.subjectquantitativeen
dc.subjectreal estate market conditionsen
dc.titleInterrelation of Large-Scale Property Development Project and the Local Real Estate Market. Evidence from Hungaryen
dc.typefolyóiratcikkhu
dc.typearticleen
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