Real Estate Commons^™

Inattention To Deferred Increases In Tax Bases: How Michigan Homebuyers Are Paying For Assessment Limits, Sebastien J. Bradley

Sebastien J Bradley

Who Is Misleading Whom In Real Estate Transactions?, Jia Xie

Jia Xie

Traditional Heritage Management: The Case Of Australia And Tanzania, Johari Hussein, Lynne Armitage

Lynne Armitage

Much has been written within and outside the heritage sector about traditional knowledge and practice. It is often characterised as an established movement that has contributed significantly to the local, national and international practice in conservation. Yet, the emergence of conservation practice has caused tremendous changes and a neglect of traditional knowledge that was critical for the survival of the Indigenous cultural heritage that exists today. The objective of this paper is to explore diverse approaches to traditional knowledge and practice that Indigenous peoples have employed to achieve management of their cultural landscape in Australia and Tanzania. The paper also …

"Dual Agent Distortions In Real Estate Transactions", Ken Johnson, Zhenguo Lin, Jia Xie

Jia Xie

Heritage Listing And Property Value: An Australian Perspective Of The Legislative Framework, Janine Irons, Lynne Armitage

Lynne Armitage

In Australia, the public has played a significant and long-standing role in the conservation of heritage places -- one which predates formal government participation in the conservation arena by more than two decades. Co-ordinated, large scale, community involvement in the conservation of Australia’s heritage places dates from the mid 1940’s when the National Trust of Australia was founded in Sydney (AGPC 2006). In contrast, formal government recognition of the role and significance of heritage places is a relatively more recent phenomenon. The 1970’s heralded the naissance of conservation-focussed legislation that served as both a manifesto and then a mandate for …

Built Heritage In Australia. A Review Of Domestic Literature, Janine Irons, Lynne Armitage

Lynne Armitage

No abstract provided.

Issues In Property Management: Caravan Parks- Housing On The Fringe- The Frankston View, Lynne Armitage, Victoria Brown

Lynne Armitage

Whilst investment pressure from excess funds generated by compulsory superannuation contributions is creating opportunity for major international investment in property, at the current extreme of the property investment continuum lies the caravan park. Here, owners and investors also seek a positive return on investment but are stymied by a complex web of concerns which differ in character, though sometimes not in substance, from those of better recognised property investment vehicles.

Across Australia ownership of such parks is widely distributed amongst generally small investors many of whom are owner-operators of the park. This piecemeal pattern of ownership and the very broad …

Housing Organisations In Australia And The Netherlands: A Comparative Analysis, Connie Susilawati, Lynne Armitage

Lynne Armitage

Dutch housing associations are private organisations with a public responsibility which are managed effectively to fulfil the social objectives of providing affordable rental housing. In the Australian system, community housing organisations are categorised as not-for-profit organisations and are mostly characterised by small organisations with very limited resources. This study aims to identify the strengths and weaknesses of the Australian and the Dutch housing association models. A series of interviews with representatives of community housing organisations in Brisbane, Australia, will be compared with the results of similar interviews with representatives of social housing associations in the Netherlands. In addition to differences …

Barriers To Building Partnerships Between Major Stakeholders In Affordable Housing Investment In Queensland, Connie Susilawati, Lynne Armitage

Lynne Armitage

The recent housing boom experienced across Australian metropolitan markets has attracted many new investors and resulted in increasing prices across the full range of residential sub-markets for both owner-occupation and investment categories. Of particular concern from a social perspective is the consequential pressure generated in the affordable housing rental market. This paper reports the results of a survey of affordable housing providers drawn from a range of backgrounds. Using in-depth interviews, it compares the opinions of these supply side groups regarding their experiences of the barriers to entry to affordable housing partnerships. The findings show agreement across the sector that …

Barriers To Expanding Partnerships For Affordable Rental Housing Investments, Connie Susilawati, Lynne Armitage, Martin Skitmore

Lynne Armitage

The recent housing boom, experienced across Australian metropolitan markets, has attracted many new investors and resulted in increasing prices across the full range of residential sub-markets for both owner-occupation and investment categories. Of particular concern from a social perspective is the consequential pressure generated in the affordable housing rental market. Moreover, high vacancy rates and modest rental growth in rental housing has caused a deterioration in the investor’s rental yield given these increasing house prices (Powall and Withers, 2004, p.7).

In this difficult situation, traditional delivery methods for rental housing are unlikely to continue to attract more investment in this …

Affordable Housing: Who Supply It?, Connie Susilawati, Lynne Armitage

Lynne Armitage

At the present time, Queensland is experiencing severe demand pressure on housing stock in the South-Eastern metropolitan region and in many regional and coastal centres. Whilst median house prices are still well below Sydney and Melbourne, Australia’s third largest housing market is showing no signs of slowing in the current economic climate of low interest rates and stable levels of employment. Despite the comparatively good affordability of the Queensland housing stock, access for low income and other disadvantaged and minority groups in the state is being eroded rapidly, partly by increased demand and partly by a loss of base level …

Property Market Analysis In The Valuation Process: A Survey Of Australian Practice, Lynne Armitage, Martin Skitmore

Lynne Armitage

The nature of property valuation/analysis is examined in respect of the property market and, in particular, the extent of property market analysis undertaken by practitioners when carrying out property valuations. An empirical survey is described of a sample of 240 valuers throughout Australia and their practices in valuing investment grade property. It is shown that, although the valuers are fully aware of the need for property market analysis, and collect appropriate data to do the analysis, the analysis itself is seldom conducted in other than a cursory manner.

© Copyright Pacific Rim Property Research Journal, 2003

The Future Of Office Property, Janine Irons, Lynne Armitage

Lynne Armitage

The following paper considers the question, where to office property? In doing so, it focuses, in the first instance, on identifying and describing a selection of key forces for change present within the contemporary operating environment in which office property functions. Given the increasingly complex, dynamic and multi-faceted character of this environment, the paper seeks to identify only the primary forces for change, within the context of the future of office property. These core drivers of change have, for the purposes of this discussion, been characterised as including a range of economic, demographic and socio-cultural factors, together with developments in …

Indigenous Property Rights: Custom And Commerce At The Interface- A Case Study Of The Ahi People's Land, Morobe Province, Png, Lynne Armitage

Lynne Armitage

Extract:

Land resource management in Papua New Guinea (PNG) has been experiencing substantial pressure over the last few years in response to economic and social development and change. Customary tenure is the dominant form of tenure yet it has received very little attention as a resource which underpins such development. Over recent years, the economy has sought to manage the impacts of external influences, such as globalisation and a decline in commodity prices, whilst beset by many internal political upheavals.

Within the context of such structural readjustment, this paper examines the interrelationship between customary and alienated tenure systems, their background, …