Factors Affecting the Real Estate Prices in Pakistan

Factors Affecting the Real Estate Prices in Pakistan

Journal

  • Journal title: Asian Economic and Financial Review
  • ISSN: 2305-2147 (print) 2222-6737 (online)
  • Publisher: Aess
  • Country of publisher: pakistan
  • Date added to EuroPub: 2017/May/11

Subject and more

  • LCC Subject Category: Finance and Financial Services, Economics
  • Publisher's keywords: Real estate, prices, Quetta
  • Language of fulltext: english
  • Full-text formats available: PDF

AUTHORS

    Mehmood khan kakar| Lecturer in Economics Government Degree College Loralai (corresponding author) E-mail [email protected] Cell # 92-333-3909889, M. Ali kakar| Economics, Balochistan University of Information Technology, Engineering and Management Sciences Quetta. E-mail: [email protected] Cell # 92-345- 8169394.

EDITORIAL INFORMATION

FULL TEXT

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.

About Europub

EuroPub is a comprehensive, multipurpose database covering scholarly literature, with indexed records from active, authoritative journals, and indexes articles from journals all over the world. The result is an exhaustive database that assists research in every field. Easy access to a vast database at one place, reduces searching and data reviewing time considerably and helps authors in preparing new articles to a great extent. EuroPub aims at increasing the visibility of open access scholarly journals, thereby promoting their increased usage and impact.