Evaluation of investing in real estate in EU and non-EU countries based on MCDM

被引:2
|
作者
Erdogan, Seyit Ali [1 ]
Naumcik, Andrej [1 ]
机构
[1] Vilnius Gediminas Tech Univ, Fac Civil Engn, Dept Construct Management & Real Estate, Vilnius, Lithuania
基金
英国经济与社会研究理事会; 英国医学研究理事会; 英国自然环境研究理事会;
关键词
investment in real estate; MCDM; investing in EU countries; investing in non-EU countries; investment factors; DECISION-MAKING PROBLEMS; ARAS METHOD; MARKET; PRICES; MODELS; TOPSIS;
D O I
10.3846/mbmst.2019.151
中图分类号
TU [建筑科学];
学科分类号
0813 ;
摘要
Investment in real estate is a zoning issue as the real estate market is closely related to economic development and trends in real estate market are considered to be indicators of trends in the whole economy of the country. The goal of this paper is to analyse the main aspects and considerations when investing in real estate, evaluate investment in real estate situation in different EU and non-EU countries and introduce MCDM methods that could be used for selecting a state for investment in real estate. It is identified that when investing in real estate various political, social, economic, environmental and other factors have to be taken into consideration. Analysed examples of EU (Lithuania, Romania, UK) and non-EU (Turkey, China, Russia) countries show different risks and opportunities for investments in real estate. MCDM methods are applicable to evaluate which countries are most attractive for investment in real estate. Described TOPSIS and ARAS methods could be used for assessing states as alternatives when selecting where to invest.
引用
收藏
页码:553 / 558
页数:6
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