Open AccessREAL ESTATE AS AN ECONOMIC ASSET
Author(s) -
Valentyn Kostyuk,
AUTHOR_ID,
Tatiana Grin,
AUTHOR_ID
Publication year - 2020
Publication title -
aktualʹnì problemi ekonomìki
Language(s) - English
Resource type - Journals
ISSN - 1993-6788
DOI - 10.32752/1993-6788-2020-1-232-18-27
Subject(s) - real estate , real estate investment trust , asset (computer security) , capitalization rate , cost approach , corporate real estate , commodity , business , alternative asset , normative , value (mathematics) , finance , capital (architecture) , financial economics , economics , capital asset pricing model , consumption based capital asset pricing model , computer science , geography , philosophy , computer security , archaeology , epistemology , machine learning
The article presents the features of real estate as an economic asset, analyzes the significant factors that determine its specificity as a commodity and capital. The concept of "real estate" defined according to normative documents, the important place of real estate in the economy as a whole substantiated. Different approaches of foreign and domestic scientists to the value of real estate are considered. The features of real estate as an economic asset, the impact of specific characteristics on the efficiency of both real and financial assets were studied.