From Modelling Tools Towards the Market Itself - An Opportunity for Sustainability Assessment?

• Authors: Tom Kauko

Title variants

LT

Nuo Modeliavimo Įrankių Prie Tikros Rinkos: Galimybė Įvertinti Darną?

Abstracts

EN

Market based analyses of residential property value traditionally fall within two broad research traditions: a ‘more practical’value analysistradition and a ‘more academic’market analysistradition. While there is a steady flow of information from the latter to the former direction, until recently very little such information diffusion has occurred from the former to the latter modelling tradition. In such a learning process, the value modelling performance could serve as a guideline for what kind of market model is valid and feasible for a given dataset with certain recognisable tendencies. On the other hand, the characterisation of particular market circumstances is a key determinant of real estate sustainability. A sustainable market generates a sustainable value, which then can be used as an attractiveness indicator in a broader sense; or in the opposite case, an unsustainable market diagnoses a problem in unsustainable value.

LT

Gyvenamosios nuosavybės vertės analizės pagal rinkas paprastai skirstomos į dvi plačias tiriamojo darbo tradicijas: "praktiškesnę"vertės analizėstradiciją ir "akademiškesnę"rinkos analizėstradiciją. Nors akademinės analizės informacija nuolatos pasiekia praktiškąją pusę, dar visai neseniai informacijos tekėjimas iš praktiškosios pusės į akademinę buvo labai nedidelis. Naudojant tokį mokymosi procesą, vertės modeliavimas galėtų tapti gairėmis, nustatant, kuris rinkos modelis yra veiksmingas ir įmanomas pagal turimus duomenis su tam tikromis atpažįstamomis tendencijomis. Kita vertus, konkrečių rinkos aplinkybių charakterizavimas - pagrindinis lemiamas veiksnys, darantis įtaką nekilnojamojo turto darnai. Darni rinka kuria subalansuotą vertę, kurią vėliau galima naudoti kaip patrauklumo rodiklį platesniąja prasme, o priešingu atveju, nedarni rinka rodo nesubalansuotos vertės problemą.

Keywords

EN

Modelling; Market; Sustainability; Residential property value

• Publisher: Sciendo
• Journal: International Journal of Strategic Property Management
• Year: 2008
• Volume: 12
• Issue: 2
• Pages: 95-107

Contributors

author

Tom Kauko

• Department of Geography, Norwegian University of Sciences and Technology, NTNU, Trondheim, Norway

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Identifiers

DOI

10.3846/1648-715X.2008.12.95-107