1st Edition

The Routledge Companion to International Housing Markets

    294 Pages 76 B/W Illustrations
    by Routledge

    There is a lack of international comparative housing studies, possibly because it requires thorough knowledge of the real estate market in question. This book brings together scholars with knowledge of different national markets in order to facilitate comparisons for real estate and housing and urban studies scholars and practitioners. By studying international markets using new data as well as new analysis of existing data, the chapters in this book present insights into the institutional constraints on national housing markets. Specifically, the contributors seek to examine the role of institutional factors and their influence on transaction costs in these markets. Exhibiting a diverse range of geographical, legal, and economic perspectives, the countries are grouped together based on legal institutional similarities, and each group includes an introduction and a conclusion highlighting similarities and differences from the institutional perspective.

    The book is divided into 3 parts:

    Part I sets the theoretical context and the reasons for writing a book focusing on national housing markets.

    Part II presents national markets from the perspective of the transaction process and covers Europe, North and South America, East Asia, the Pacific, and Africa.

    Part III contains conclusions with a critical discussion on how to compare national housing markets and a reflection on future directions of housing markets in an increasingly competitive international environment.

    The Routledge Companion to International Housing Markets is essential reading for academics and professionals in housing studies, real estate, economics, and urban studies.

    PART 1

    1. Housing markets in a globalized economy

    Magnus Andersson

    2. A theoretical framework for housing conveyances on national markets

    Peter Gladoić Håkansson, Peter Palm

    3. A conceptual model of conveyances on the housing market

    Peter Palm, Béatrice Balivet, Ola Jingryn et al

    PART 2

    Civil law countries

    4. Benin

    Joseph Djogbenou

    5. Brazil

    Ana Paula Corrêa Patiño

    6. Cambodia

    Chaing Sinath, Neuv Socheata

    7. Chile

    Helena Bohman, Karina R. Villacura

    8. Egypt

    Yousra Chaaban

    9. France

    Béatrice Balivet, Stéphane Berre

    10. Italy

    Enrico Al Mureden

    11. Morocco

    Imane Oualji

    12. Spain

    Elena Sánchez Jordán

    13. United Arab Emirates

    Walaaeldeen M. Ibrahim

    14. Croatia

    Peter Gladoić Håkansson, Jasenka Kranjčević

    15. Germany

    Fabian Thiel, Christine Helbach, Sandra Schilling

    16. Japan

    Kimitaka Aoki, Eigo Tateishi

    17. Poland

    Sylwia Lindqvist

    18. Russian Federation

    Nikolay Volovich, Evgenia Afanaseva

    Nordic law countries

    19. Finland

    Saija Toivonen, Kirsikka Riekkinen

    20. Sweden

    Ola Jingryd, Peter Palm

    Common law countries

    21. Australia

    Clive Warren

    22. Canada

    Yaëll Emerich

    23. England and Wales

    Jill St George, Julian Sidoli

    24. Ghana

    Emmanuel Kofi Gavu, Wilfred K. Anim-Odame et al

    25. United States

    Rebecca Lewis, Robert Parker

    26. Kenya

    Raphael Kieti, Peter Mburu, Omokolade Akinsomi

    27. Malaysia

    Muhammad Najib Razali, Wong Woei Chyuan, Omokolade Akinsomi

    28. Nigeria

    Omokolade Akinsomi, Emeka Eleh, Olusegun Olanrele

    29. South Africa

    Omokolade Akinsomi, Alison Tshangana, Marimo Taderera

    30. Thailand

    Nattapong Puttanapong, Magnus Andersson

    PART 3

    31. The challenges of comparing legal regimes and conveyance on the housing market

    Ola Jingryd

    32. Reflections and Conclusions

    Magnus Andersson, Peter Palm

    Biography

    Magnus Andersson is an associate professor in economic geography in the Department of Urban Studies and senior lecturer at the Institute for Urban Research at Malmö University, Sweden. His research focuses on socio-economic development in contexts with limited access to official statistics. He has since 2010 participated as researcher and adviser for United Nations' work to implement Global Sustainable Development Goals.

    Peter Palm is senior lecturer in economics in the Department of Urban Studies, Malmö University, Sweden, and chairman of the Division of Property Valuation, Sweden. He holds a PhD in construction and real estate economics. His research focuses on the real estate market and real estate valuation.

    Helena Bohman is a senior lecturer in economics in the Department of Urban Studies, Malmö University, Sweden. Her research focuses on urban and regional development, with a special focus on issues concerning real estate and transport.

    Béatrice Balivet is a senior lecturer in private law in the Faculty of Law department at Jean Moulin University Lyon 3, France. Her research focuses are property law and real estate law, co-ownership, and construction.

    Omokolade Akinsomi is an associate professor in real estate finance and investments in the School of Construction Economics and Management at the University of the Witwatersrand, South-Africa. He is the president of the African Real Estate Society (2021- 2023) and a member of the Royal Institution of Chartered Surveyors (MRICS). His research focuses on real estate investment trust, price discovery in commercial real estate, real estate portfolio management, housing, and proptech.