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  • 1
    Electronic Resource
    Electronic Resource
    The Shifting of FHA Discount Points: Actual Vs. Expectations (1984)
    Oxford, UK : Blackwell Publishing Ltd
    Real estate economics 12 (1984), S. 0 
    Details
    ISSN: 1540-6229
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This study extends the earlier studies by Zerbst and Brueggeman (Z&B) and Colwell, Guntermann and Sirmans (CGS) with regard to the shifting of FHA discount points by the seller to the buyer in the form of a higher selling price. The study extends the earlier studies by reducing the estimation problems of the CGS model and further developing the Z&B model to incorporate expected discount points built into the asking price. The results presented indicate that 100% of the points are not being shifted. Reasons for the less-than-full shifting are given.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1540-6229.00315
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    Paper (German National Licenses)
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  • 2
    Electronic Resource
    Electronic Resource
    Housing Vouchers, Tenant Quality, and Apartment Values (2000)
    Springer
    The journal of real estate finance and economics 20 (2000), S. 37-48 
    Details
    ISSN: 1573-045X
    Keywords: multi family ; subsidized tenants ; section 8 ; public housing ; crowding out ; rent ; operating costs
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Landlords face unique concerns in maximizing profits when they accept subsidized as well as unsubsidized tenants. Subsidized tenants come with lower rental collection risk because part or all of the rent is paid by a public agency and accepting subsidized tenants may widen the potential tenant market. But subsidized tenants tend to reduce overall tenant quality and to impose higher operating costs. By accepting subsidies, landlords may also subject themselves to periodic site inspections that may increase capital costs. Further, subsidized tenants may eventually crowd out unsubsidized tenants, lowering the average quality of the resident mix. Tests from Washington, DC apartments on accepting and advertising for Section 8 tenants support these qualitative predictions. Accepting Section 8 tenants enhances revenues, but advertising for them lowers revenues. More aggressive solicitation of subsidized tenants leads to a crowding out or displacement risk that dominates over any diminished collection risk.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1023/A:1007827821410
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    Paper (German National Licenses)
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  • 3
    Electronic Resource
    Electronic Resource
    Using Goal Programming and the analytic hierarchy process in house selection (1995)
    Springer
    The journal of real estate finance and economics 11 (1995), S. 167-176 
    Details
    ISSN: 1573-045X
    Keywords: house selection ; home selection valuation
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract The house selection process involves an assessment by the buyer of a series of qualitative and quantitative factors. Simple ranking or weighting selection methods utilizing these factors can lead to less than optimal decision making. This paper presents a model to aid in the house selection decision process. Specifically, this paper presents a Goal Programming (GP) model that utilizes the Analytic Hierarchy Process (AHP) to evaluate property attributes and make an optimal house selection decision. The formulation methodology for the proposed house selection modeling process is illustrated with examples based on data from a prior study.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF01098660
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    Paper (German National Licenses)
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  • 4
    Electronic Resource
    Electronic Resource
    Book Reviews (1999)
    Springer
    Journal of real estate literature 7 (1999), S. 251-256 
    Details
    ISSN: 1573-8809
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This section of the Journal publishes reviews on textbooks, professional books, and other scholarly books appropriate to real estate. Areas of interest include, but are not limited to, mortgage markets, real estate investments, real estate finance, asset and property management, real estate development, corporate real estate, valuation, and other areas related to real estate. If you have an interest in reviewing a particular book or if you wish to be considered as a reviewer, please contact the co-editor at the address noted above. A list of new books follows the book reviews; both are arranged alphabetically by author.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1023/A:1008768924494
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    Paper (German National Licenses)
    Fulltext
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