The real estate market is a highly communicative human and social placein which individual creativity interacts with the urban structure. The rising tendency of the property value and quality stimulates global investors to demand more and more qualified assets. This process involves the public administration, whose policies should focus on the acquisition, for the community’s benefit, of a significant part of the surplus of the real estate investments. The appraisal point of view, and particularly the income method, focuses on the capability of the cap rate to represent and integrate the private possibilities with the public perspectives. The outline of the real estate market of Ortigia shows some characters of the capital goods, whose value can be figured out by crossing the theory of the capital and the income method.

When possibility dominates probability. Global pressures on a local border town: the real estate market of Ortigia

GIUFFRIDA, Salvatore
2012-01-01

Abstract

The real estate market is a highly communicative human and social placein which individual creativity interacts with the urban structure. The rising tendency of the property value and quality stimulates global investors to demand more and more qualified assets. This process involves the public administration, whose policies should focus on the acquisition, for the community’s benefit, of a significant part of the surplus of the real estate investments. The appraisal point of view, and particularly the income method, focuses on the capability of the cap rate to represent and integrate the private possibilities with the public perspectives. The outline of the real estate market of Ortigia shows some characters of the capital goods, whose value can be figured out by crossing the theory of the capital and the income method.
2012
cap rate, income method, real estate speculation, urban renewal
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.11769/13898
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 2
  • ???jsp.display-item.citation.isi??? ND
social impact