Pub Date : 2022-12-15DOI: 10.1080/09277544.2022.2151082
Jesse Saginor
Abstract
This is the eighth release of the Real Estate Academic Leadership (REAL) rankings for authors and institutions. Similar to the previous seven releases, the rankings reflect articles contained in the top three real estate journals (The Journal of Real Estate Finance and Economics, The Journal of Real Estate Research, and Real Estate Economics) based on multiple indices. Unlike trends from the previous rankings, minor changes regarding academic institutions reflected one of two scenarios: faculty retirements and/or deaths; and faculty and recent PhD graduates transitioning to positions in industry rather than academia. Larger changes in the rankings related to academic institutions continue to reflect movement of productive research faculty from one university to another university.
{"title":"The Real Estate Academic Leadership (REAL) Rankings for 2018–2022","authors":"Jesse Saginor","doi":"10.1080/09277544.2022.2151082","DOIUrl":"https://doi.org/10.1080/09277544.2022.2151082","url":null,"abstract":"<p><b>Abstract</b></p><p>This is the eighth release of the Real Estate Academic Leadership (REAL) rankings for authors and institutions. Similar to the previous seven releases, the rankings reflect articles contained in the top three real estate journals (<i>The Journal of Real Estate Finance and Economics, The Journal of Real Estate Research, and Real Estate Economics</i>) based on multiple indices. Unlike trends from the previous rankings, minor changes regarding academic institutions reflected one of two scenarios: faculty retirements and/or deaths; and faculty and recent PhD graduates transitioning to positions in industry rather than academia. Larger changes in the rankings related to academic institutions continue to reflect movement of productive research faculty from one university to another university.</p>","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"24 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138512255","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-21DOI: 10.1080/09277544.2022.2144183
Ricarda Haffki
{"title":"Determinants in Commercial Real Estate Credit Spread Models—A Review","authors":"Ricarda Haffki","doi":"10.1080/09277544.2022.2144183","DOIUrl":"https://doi.org/10.1080/09277544.2022.2144183","url":null,"abstract":"","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"98 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78247204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-09-09DOI: 10.1080/09277544.2022.2106639
Spenser J. Robinson, Michael G. McIntosh
{"title":"A Literature Review of Environmental, Social, and Governance (ESG) in Commercial Real Estate","authors":"Spenser J. Robinson, Michael G. McIntosh","doi":"10.1080/09277544.2022.2106639","DOIUrl":"https://doi.org/10.1080/09277544.2022.2106639","url":null,"abstract":"","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"74 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84967648","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-05DOI: 10.1080/09277544.2022.2101744
C. A. Dafeamekpor, T. Adjei-Kumi, G. Nani, E. Kissi
{"title":"Criteria for Assessing Self-Help Housing Projects Affordability: A Critical Literature Review","authors":"C. A. Dafeamekpor, T. Adjei-Kumi, G. Nani, E. Kissi","doi":"10.1080/09277544.2022.2101744","DOIUrl":"https://doi.org/10.1080/09277544.2022.2101744","url":null,"abstract":"","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"39 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79071521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-11DOI: 10.1080/09277544.2022.2093820
Kwasi Gyau Baffour Awuah, F. Hammond
{"title":"A Review of the Provision on Capital Improvement in Ghana’s Local Real Estate Tax Manifesto","authors":"Kwasi Gyau Baffour Awuah, F. Hammond","doi":"10.1080/09277544.2022.2093820","DOIUrl":"https://doi.org/10.1080/09277544.2022.2093820","url":null,"abstract":"","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"28 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75156400","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-05DOI: 10.1080/09277544.2022.2092966
Thomas J. PlaHovinsak II
Abstract
While some studies have attempted to prove the existence of positive benefits associated with homeownership, the so-called “homeownership effect,” few studies have been able to isolate the impact of homeownership on low-income families from neighborhood effects. In a pilot study using survey data collected from applicants to the U.S.-based housing charity Habitat for Humanity, I employ a quasi-experimental design to compare changes in the lives of those who were selected into the Habitat for Humanity housing program to those who applied for housing but were denied. In addition, since the recipients of Habitat houses remain in the same general area as their original residence, this provides a unique opportunity for the comparison of treatment and control groups to examine the impact of homeownership apart from neighborhood effects. I find that, in comparison to denied applicants, Habitat homeowners report more positive changes in their overall life, economic situation, and their level of community involvement, but less evidence of reported improvements in their children’s educational outcomes.
【摘要】虽然一些研究试图证明与住房所有权相关的积极利益的存在,即所谓的“住房所有权效应”,但很少有研究能够将住房所有权对低收入家庭的影响与社区效应分开。在一项试点研究中,我使用了从美国住房慈善机构仁人家园(Habitat for Humanity)的申请人那里收集的调查数据,我采用了一种准实验设计,来比较那些被选中进入仁人家园住房项目的人和那些申请住房但被拒绝的人的生活变化。此外,由于生境房屋的接受者仍然在与原来住所相同的一般地区,这为比较实验组和对照组提供了一个独特的机会,以检查除邻里影响外房屋所有权的影响。我发现,与被拒绝的申请人相比,Habitat的房主在他们的整体生活、经济状况和社区参与水平方面报告了更多积极的变化,但在他们孩子的教育成果方面报告的改善证据较少。
{"title":"The Effect of Homeownership on Low-Income Families: A Pilot Study with Habitat for Humanity","authors":"Thomas J. PlaHovinsak II","doi":"10.1080/09277544.2022.2092966","DOIUrl":"https://doi.org/10.1080/09277544.2022.2092966","url":null,"abstract":"<p><b>Abstract</b></p><p>While some studies have attempted to prove the existence of positive benefits associated with homeownership, the so-called “homeownership effect,” few studies have been able to isolate the impact of homeownership on low-income families from neighborhood effects. In a pilot study using survey data collected from applicants to the U.S.-based housing charity Habitat for Humanity, I employ a quasi-experimental design to compare changes in the lives of those who were selected into the Habitat for Humanity housing program to those who applied for housing but were denied. In addition, since the recipients of Habitat houses remain in the same general area as their original residence, this provides a unique opportunity for the comparison of treatment and control groups to examine the impact of homeownership apart from neighborhood effects. I find that, in comparison to denied applicants, Habitat homeowners report more positive changes in their overall life, economic situation, and their level of community involvement, but less evidence of reported improvements in their children’s educational outcomes.</p>","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"26 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138512241","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-03DOI: 10.1080/09277544.2022.2141341
S. P. Singh, Amit Kumar, Deepak Bajaj
{"title":"Critical Review of Residential Development Project Financing in India","authors":"S. P. Singh, Amit Kumar, Deepak Bajaj","doi":"10.1080/09277544.2022.2141341","DOIUrl":"https://doi.org/10.1080/09277544.2022.2141341","url":null,"abstract":"","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"119 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77949323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-05-12DOI: 10.1080/09277544.2022.2068222
Godwin Kavaarpuo, Kwadwo Ohene Sarfoh
{"title":"Trends, Taxonomy and the Future of Housing Research in Ghana: A Bibliometric–Thematic Study","authors":"Godwin Kavaarpuo, Kwadwo Ohene Sarfoh","doi":"10.1080/09277544.2022.2068222","DOIUrl":"https://doi.org/10.1080/09277544.2022.2068222","url":null,"abstract":"","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81131608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-07DOI: 10.1080/09277544.2021.2009620
Yunhui Zhao
Abstract
Using a screening model with asymmetric information, I evaluate the positive and normative effects of the subsidized default insurance policy in the U.S. mortgage market. The model implies that the subsidy raises interest rates for eligible mortgages, which is contrary to conventional wisdom but is consistent with the empirical evidence in Zhao (2019Zhao, Y. (2019). Evidence of government subsidy on mortgage rate and default: Revisited. Journal of Housing Research, 28(1), 23–49. https://doi.org/10.1080/10835547.2019.12092157[Taylor & Francis Online], [Google Scholar]). Moreover, the model implies that the subsidy hurts borrowers it was intended to help, as well as raises the aggregate mortgage default rate. My article highlights the adverse impact of the subsidy on welfare and financial stability, and sheds light on the root cause of the global financial crisis. It also provides potentially useful reference to other countries that have (or are considering adopting) a mortgage subsidy mechanism similar to that in the US.
{"title":"Got Hurt for What You Paid? Revisiting Government Subsidy in the U.S. Mortgage Market","authors":"Yunhui Zhao","doi":"10.1080/09277544.2021.2009620","DOIUrl":"https://doi.org/10.1080/09277544.2021.2009620","url":null,"abstract":"<p><b>Abstract</b></p><p>Using a screening model with asymmetric information, I evaluate the positive and normative effects of the subsidized default insurance policy in the U.S. mortgage market. The model implies that the subsidy raises interest rates for eligible mortgages, which is <i>contrary</i> to conventional wisdom but is consistent with the empirical evidence in Zhao (<span>2019<span><span tabindex=\"0\"></span><span></span> <span>Zhao, <span>Y.</span></span> (<span>2019</span>). <span>Evidence of government subsidy on mortgage rate and default: Revisited</span>. <i>Journal of Housing Research</i>, <i>28</i>(1), <span>23</span>–<span>49</span>. https://doi.org/10.1080/10835547.2019.12092157<span><span>[Taylor & Francis Online]</span> <span>, [Google Scholar]</span></span></span></span>). Moreover, the model implies that the subsidy hurts borrowers it was intended to help, as well as raises the aggregate mortgage default rate. My article highlights the adverse impact of the subsidy on welfare and financial stability, and sheds light on the <i>root</i> cause of the global financial crisis. It also provides potentially useful reference to other countries that have (or are considering adopting) a mortgage subsidy mechanism similar to that in the US.</p>","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"26 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138512240","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-14DOI: 10.1080/09277544.2021.2006885
Jesse Saginor
Abstract
This is the seventh release of the Real Estate Academic Leadership (REAL) rankings for authors and institutions. These rankings continue to include articles published solely in the top three real estate journals (The Journal of Real Estate Finance and Economics, The Journal of Real Estate Research, and Real Estate Economics) based on multiple rankings. Despite the pandemic and impacts to university budgets, many universities still managed to hire faculty, albeit many on term-limited visiting professor positions. The changes in this year’s rankings largely reflect the fiscal capacity of the most competitive institutions to weather the pandemic and remain productive in the real estate intellectual arena.
{"title":"The Real Estate Academic Leadership (REAL) Rankings for 2017–2021","authors":"Jesse Saginor","doi":"10.1080/09277544.2021.2006885","DOIUrl":"https://doi.org/10.1080/09277544.2021.2006885","url":null,"abstract":"<p><b>Abstract</b></p><p>This is the seventh release of the Real Estate Academic Leadership (REAL) rankings for authors and institutions. These rankings continue to include articles published solely in the top three real estate journals (<i>The Journal of Real Estate Finance and Economics, The Journal of Real Estate Research, and Real Estate Economics</i>) based on multiple rankings. Despite the pandemic and impacts to university budgets, many universities still managed to hire faculty, albeit many on term-limited visiting professor positions. The changes in this year’s rankings largely reflect the fiscal capacity of the most competitive institutions to weather the pandemic and remain productive in the real estate intellectual arena.</p>","PeriodicalId":35888,"journal":{"name":"Journal of Real Estate Literature","volume":"24 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138512254","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}