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The holistic approach to property market analysis

Kamarudin, Norhaya and Ismail, Maziah The holistic approach to property market analysis. In: INTERNATIONAL REAL ESTATE RESEARCH SYMSPOSIUM (IRERS) 2002: Future Directions for A Borderless Real Estate Industry, 16 – 18th April 2002, Legend Hotel Kuala Lumpur .

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Abstract

This paper argues on the relevance of adopting the institutional economic approach as an alternative approach to the mainstream economic approach for understanding the operation of the property market. It points out the unique characteristics of the property market, which warrant for a different dimension for understanding property market behaviour. An evaluation of the different paradigm in property market justifies for a relevant approach to understand the property market. The paper examines how the institutional approach takes into consideration of the features of the property market it is analysis. Having identified the strength of the approach in addressing property market analysis, the paper then proposes a broad methodological framework for property market analysis.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:Mainstream; institutional; Marxism; approaches; property market analysis
Divisions:Geoinformation Science And Engineering (Formerly known)
ID Code:1310
Deposited By: Dr Suriatini Ismail
Deposited On:02 Mar 2007 02:52
Last Modified:01 Jun 2010 02:52

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