Equity and time to sale in the real estate market

Article Abstract:

The experience of an owner as a seller is determined by his equity position, as shown by the condominium market of Boston, MA, in the early 1990s. A property owner who possesses a high loan-to-value ratio gets a higher price for the property if he opts to sell it, has a higher expected time on the market and sets a higher asking price compared to a proportionately less indebted property owner. This phenomenon among owner-occupants is simply explained by the downpayment requirement for acquirers, not incumbent property owners. The equity-based aggregate theories of the housing market's price volume movements are supported by the said results.

Real Estate, Real Estate and Rental and Leasing, Research, House selling, Home selling, Real estate industry, Real property

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Testing static oligopoly models: conduct and cost in the sugar industry, 1890-1914

Article Abstract:

Static oligopoly models is highly validated, even if partial cost information can enhance its predictive power. The method also traces the reduction in market power accompanying the industry's structural changes. The more competitive models generate better cost estimates which occur when conduct is estimated as a free parameter. This in turn slightly underestimates direct measure.

Sugar and Confectionery Products, Sugar & Confectionery Products, Sugar and Confectionery Product Manufacturing, Financial Management, Models, Analysis, Finance, Sugar industry, Sweeteners, Oligopolies, Cost (Economics), Costs (Economics)

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