Global Factors that Affect the Real Estate Markets in the EU
Povilas Švogžlys (Vilnius Gediminas Technical University, Lithuania)
Eugenijus Chlivickas (Vilnius Gediminas Technical University, Lithuania)
Eugenijus Chlivickas (Vilnius Gediminas Technical University, Lithuania)
Abstract
The place, neighbourhood, infrastructure, and apartment plan are the main factors which have an influence on price for the buyers, sellers, investors, or brokers participating in the buying and selling processes of real estate. Participants of the process forget frequently that there are more crucial factors which can affect not only the prices of property, but the prices of real estate in the whole region as well in the future. The article uses benchmarking and discuss the main external factors which affect the real estate market in the European Union, the current events and the proposals are presented and the specific conclusions are identified.
Article in:
Lithuanian
Article published:
2016-06-08
Keyword(s): real estate development; the processes of global¬ization; the real estate market; the European Union; external factors; investments.
DOI: 10.3846/mla.2016.906
Science – Future of Lithuania / Mokslas – Lietuvos Ateitis ISSN 2029-2341, eISSN 2029-2252
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 License.