Factors Affecting the Real Estate Prices in Pakistan
Journal Title: Asian Economic and Financial Review - Year 2011, Vol 1, Issue 2
Abstract
The current study examines the effect of factors influencing the prices of real estate inQuetta city. Hypothetically, this study is based upon five observed factors(urbanization, refugees? influx, monetary, lack of investment alternatives and inflow offoreign remittances) in relation to the prices of real estate. Questionnaire developed onthe basis of above variables were administered to a heterogeneous sample of 50property dealers and Quetta Development Authority. Descriptive statistics (percentage,percentile and frequency distribution) were used to identify the level of influence andthe relation of above mentioned attributes towards the prices of real estate. The resultsrevealed that the prices of real estate in the region have been on an increasing trendand strong influence of all variables especially of government?s monetary and fiscalpolices and urbanization was found significant on the prices of real estate in Quetta.
Authors and Affiliations
Mehmood khan kakar| Lecturer in Economics Government Degree College Loralai (corresponding author) E-mail mehka11@yahoo.com Cell # 92-333-3909889, M. Ali kakar| Economics, Balochistan University of Information Technology, Engineering and Management Sciences Quetta. E-mail: ali.kakar@buitms.edu.pk Cell # 92-345- 8169394.
Keywords
Related Articles
- EP ID EP1688
- DOI -
- Views 1047
- Downloads 81
The Corruption and the Quality of Auditing Standards
The paper uses cross country regression analysis on a data set consisting of one hundred thirty countries for the year 2008 to test whether better auditing standards lead to lower levels of corruption. The results are co...
THE VALIDITY OF OKUN’S LAW IN NIGERIA: A DIFFERENCE MODEL APPROACH
This paper, empirically, tests the validity of Okun’s law in Nigerian economy from 1980-2012. The two versions of the difference model approach of the Okun’s law are used even though one of them is frequently used in the...
CLOSED FORM SOLUTION FOR HESTON PDE BY GEOMETRICAL TRANSFORMATIONS
One presents and discusses an alternative solution writeable in closed form of the Heston’s PDE, for which the solution is known in literature, up to an inverse Fourier transform. Since the algorithm to compute the inver...
Microfinance and Poverty Reduction in Ghana. The Case of Central Region of Ghana
The study evaluated Microfinance as a tool for poverty reduction in Ghana using central region as a case study. A survey design involving quantitative, qualitative and participatory methods within the framework of impact...
THE PERFORMANCE PERSISTENCE OF WINNER FUND MANAGERS – EVIDENCE FROM THE TIMING AND STOCK PICKING ABILITY
This study aims to investigate the persistence of timing and stock picking ability of ?winner fund managers? instead of winner funds. The sample of this study is the previous and next equity funds which the same fund man...