Eres : Digital Library : Works

Paper eres2014_3:
Impact of socioeconomic characteristics in Brazilian real estate market choices: a case study in the city of Recife-PE, Brazil.

id eres2014_3
authors Souza-Lećo-Jr, Fernando pontual de; Cristóvćo de Souza Brito, Edgard Leonardo Nery Meira Lima
year 2014
title Impact of socioeconomic characteristics in Brazilian real estate market choices: a case study in the city of Recife-PE, Brazil.
source 21st Annual European Real Estate Society Conference in Bucharest, Romania
summary The objective of this paper is to analyze the impact of socioeconomic characteristics of neighborhoods in Recife-PE, Brazil, that determines the preferences of real estate market developers. To achieve the proposal it was used a cluster analysis in the database of ITBI (Tax on Transfer of housing Property), gotten with a Recife City Hall. The socioeconomic characteristics of neighborhoods are included as input variables jointly with the real estate market performance indicators of each neighborhood. The result indicates that the neighborhoods with high level values of socioeconomic indicators present more efficiency to real estate investments of promoters. There is a tendency to a concentration of real estate activities in the reach places of the city, even with other places that have appropriate geomorphologic characteristics and low land prices. The study presents a real estate investment map in the city territory. The real estate market expansion doesn“t occupies these areas. This implies in great urban problems, like difficult traffic mobility and deficient urban services (water supply, sanitation system, and others).
series ERES:conference
email fpontual@globo.com
more http://library.eres.org/cgi-bin/rsa98.pl?conf=ERES2014&type=session&theme=G &slot=2730
content file.pdf (169,724 bytes)
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ratings Ratings: 3 3 5 5 5
session G : Market Research, Analysis & Forecasting
last changed 2014/10/21 21:51
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