The symbiosis between the law, economics and finance is evidenced in our daily lives. This book elucidates the relationship between these factors in Singapore and Hong Kong in direct and indirect real estate market. In Singapore, for example, there is an inseparable relationship between law, economics, finance and the HDB market. The book also showcases the concept of invitation to treat and offer, monetary compensation for environmental externalities under the lens of institutional economics. It also sheds light on the relationship between financial crisis, regulations, housing prices and indirect real estate market.Chapter 8 The Effect of the Global Subprime Financial Crisis on the Macroeconomy and the Housing Market in the UK Rita Yi ... Keywords Subprime financial crisis A Housing market A US A UK 8.1 Introduction Housing price is affected by a number of factors. ... Zhang and Chen (2011)a#39;s research showed that there the Central Bank Reserve Ratio had long term negative impact on the real estate market.
|Title||:||Law, Economics and Finance of the Real Estate Market|
|Author||:||Rita Yi Man Li|
|Publisher||:||Springer Science & Business Media - 2014-03-10|