Journal of European Real Estate Research: Volume 16 Issue 2

Editorial: Real estate ontology

Michael White

What is real estate? Five ontological questions for the discipline

O.A. K'Akumu

The study seeks to identify and document definitional challenges that hamper the delineation of the scope of real estate as a discipline and as an industry. Through literature…

Quantifying the drivers of residential housing demand – an interpretable machine learning approach

Marcelo Cajias, Joseph-Alexander Zeitler

The paper employs a unique online user-generated housing search dataset and introduces a novel measure for housing demand, namely “contacts per listing” as explained by hedonic…

Leveraging supplementary modalities in automated real estate valuation using comparative judgments and deep learning

Miroslav Despotovic, David Koch, Eric Stumpe, Wolfgang A. Brunauer, Matthias Zeppelzauer

In this study the authors aim to outline new ways of information extraction for automated valuation models, which in turn would help to increase transparency in valuation…

Does the absence of share deals distort commercial real estate indicators?

Farley Ishaak, Ron van Schie, Jan de Haan, Hilde Remøy

Commercial real estate (CRE) indicators typically include asset deals and exclude share deals. This study aims to explore the phenomenon of real estate share deals and assess…

A factor analysis of landlords’ and retail trade tenants’ different beliefs in lease negotiations: evidence from the Swedish market

Berndt Allan Lundgren, Cecilia Hermansson, Filip Gyllenberg, Johan Koppfeldt

The purpose is to increase knowledge of rent negotiations by investigating differences in beliefs held by property landlords and retailers on factors that they deem important in…

Auditor choice in real estate firms: a quality signal?

Peter Palm, Helena Bohman

Real estate is a capital-intensive industry for which the asset values tend to be highly volatile and uncertain. Transaction costs in the industry are therefore high, and…

International retiree migration and housing markets. Evidence from Spain

Paloma Taltavull de La Paz, Karen Martin Gibler

Large numbers of Northern European retirees have migrated to Southern European countries. A relevant part of this migration is not driven by work purposes but rather the desire to…

House price bubble detection in Ukraine

Alona Shmygel, Martin Hoesli

The purpose of this paper is to present a framework for the assessment of the fundamental value of house prices in the largest Ukrainian cities, as well as to identify the…