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- Title
SKIRTINGOS KAINOS TAM PAČIAM GYVENAMOSIOS PASKIRTIES NEKILNOJAMOJO TURTO OBJEKTUI PEREINAMOSIOS EKONOMIKOS ŠALYJE?
- Authors
Venclauskienė, Deimante; Snieška, Vytautas; Vasiliauskienė, Ligita
- Abstract
There is a constant need of residential real estate not only for major part of the business sectors but also for households. As the economies in transition, where there is no tradition of investing in real estate as well as investing culture. The problem is exacerbated by the fact that in the transition economy countries, legal and tax bases are only in a stage of formation that is prerequisite not only for lack of knowledge, but also deliberately in the various real estate transactions determine different prices of real estate supply and transaction for the same object, which creates conditions for possible existence of officially unaccounted economics. Different opinions still exists in research literature about the existence of different prices for the same residential real estate object in a country of transition economy. Therefore the purpose of the paper was to explore whether there are different prices for the same residential real estate object in transition economy country as well as factors influencing such phenomenon.
- Subjects
TRANSITION economies; RESIDENTIAL real estate; REAL estate business; REAL estate investment; PRICES; TAX base
- Publication
Economics & Management, 2011, Vol 16, p441
- ISSN
1822-6515
- Publication type
Article