Jadevicius, Arvydas, Sloan, Brian and Brown, Andrew (2010) A century of research on property cycles – a literature review and annotated bibliography. In: XI BSV International Conference on Valuation and Investment, 23-24 September 2010, Minsk, Belarus. (Submitted)
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The existence of cycles in the general business sector, as well as in building and property has grown to have significant importance in the UK, whereas the UK property market has been characterised by boom and bust cycles with a negative impact on the overall British economy. As a result, property cycles became a popular research topic amongst property professionals and scholars, with a greater understanding of the cyclical behaviour of the property market being seen as a major guide to the financial success (or failure) of property investments. Consequently, considerable literature has accumulated over the years on the subject. This paper provides a review of this literature with an annotated bibliography. The literature reviewed was mostly written in the UK and US, and includes contributions from both academics and professionals. This paper reviews research on the subject chronologically over one hundred year period. The particular emphasis is on the research methods, data and data analysis techniques employed, and the outcomes of the studies. The objectives are to provide a guide to the literature on property cycles, put more clarity on the subject as well as help to navigate anyone interested on property cycles throughout a considerable amount of research.
|Item Type:||Conference or Workshop Item (Paper)|
|Uncontrolled Keywords:||Cycle; Literature Review; Property; Research; UK;|
|University Divisions/Research Centres:||Faculty of Engineering, Computing and Creative Industries > School of Engineering and the Built Environment|
|Dewey Decimal Subjects:||300 Social sciences > 330 Economics > 330 Economics|
300 Social sciences > 330 Economics > 332 Financial economics
|Library of Congress Subjects:||H Social Sciences > HB Economic Theory|
H Social Sciences > HC Economic History and Conditions
|Depositing User:||Prof. Brian Sloan|
|Date Deposited:||12 Mar 2012 09:33|
|Last Modified:||12 Mar 2012 09:33|
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