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Property Price Index: Theory and Practice
Hardcover
Series: Advances in Japanese Business and Economics, Book 11
ISBN13: 9784431559405
Publisher: Springer
Published: Jan 25 2020
Pages: 360
Weight: 1.55
Height: 0.88 Width: 6.14 Depth: 9.21
Language: English
This book answers the question of how exactly property price indexes should be constructed.
The formation and collapse of property bubbles has had a profound impact on the economic administration of many nations. The property price bubble that began around the mid-1980s in Japan has been called the 20th century's biggest bubble. In its aftermath, the country faced a period of long-term economic stagnation dubbed the lost decade. Sweden and the United States have also faced collapses of property bubbles in the 20th and early 21st centuries, respectively.
This book provides practical examples of how the theory of property price indexes can be applied to the issues of property as a non-homogenous good and a technological and environmental change.
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