Open AccessGLOBAL FACTORS THAT AFFECT THE REAL ESTATE MARKETS IN THE EU / GLOBALIZACIJOS PROCESŲ ĮTAKA EUROPOS SĄJUNGOS NEKILNOJAMOJO TURTO RINKOMS
Author(s) -
Povilas Švogžlys,
Eugenijus Chlivickas
Publication year - 2016
Publication title -
mokslas - lietuvos ateitis
Language(s) - English
Resource type - Journals
eISSN - 2029-2341
pISSN - 2029-2252
DOI - 10.3846/mla.2016.906
Subject(s) - real estate , apartment , european union , affect (linguistics) , business , economy , political science , economics , finance , sociology , economic policy , law , communication
The place, neighbourhood, infrastructure, and apartment plan are the main factors which have an influence on price for the buyers, sellers, investors, or brokers participating in the buying and selling processes of real estate. Participants of the process forget frequently that there are more crucial factors which can affect not only the prices of property, but the prices of real estate in the whole region as well in the future. The article uses benchmarking and discuss the main external factors which affect the real estate market in the European Union, the current events and the proposals are presented and the specific conclusions are identified