Key factors in the acquisition of residential properties: A comprehensive study of the global real estate market
Year: 2024
Type: article
Study design: Systematic Review
Abstract: Housing is a fundamental need in contemporary society, and its acquisition by families worldwide is on the rise. Acquiring a residence involves a multifaceted and intricate procedure that encompasses numerous crucial elements. This study examines the factors affecting purchase expectations in the global residential real estate market through an exhaustive bibliometric search using a systematic review. The results are synthesized, and significant dimensions of the studied variable are identified. Among the key considerations in property acquisition are price, design, location, and developer reputation, as these factors can impact functionality, quality of life, and the emotional and psychological well-being of residents. This study provides valuable insights into the trends and dynamics of the global residential real estate market, benefiting both academics and industry professionals.
Authors: Urpi Barreto, Yasser Abarca, Eugenio Pellicer
Language: English
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W4405614784