The external expectations of potential real estate buyers in Slovenia and Japan

This article presents partial results of a survey being conducted in Slovenia and Japan. It seeks to determine the factors that have a decisive influence over potential real estate buyers when deciding to purchase. The article focuses on the role of potential buyers’ external expectations in relatio...

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Main Authors: Bojan Grum, Alenka Temeljotov Salaj
Format: Article
Language:English
Published: Urbanistični inštitut RS 2010-01-01
Series:Urbani Izziv
Subjects:
Online Access:http://urbani-izziv.uirs.si/Portals/uizziv/papers/urbani-izziv-en-2010-21-02-004.pdf
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author Bojan Grum
Alenka Temeljotov Salaj
author_facet Bojan Grum
Alenka Temeljotov Salaj
author_sort Bojan Grum
collection DOAJ
description This article presents partial results of a survey being conducted in Slovenia and Japan. It seeks to determine the factors that have a decisive influence over potential real estate buyers when deciding to purchase. The article focuses on the role of potential buyers’ external expectations in relation to their various cultural identities. We follow the hypothesis that these differences in external expectations are statistically significant. The primary instrument for measuring participants’ expectations was a survey in which 1,270 people participated. We statistically analysed the results by conducting a one-way analysis of variance related to the participants’ various cultural identities. By analysing the results of the statistical analyses, we confirmed the hypothesis. It is evident from the results that Slovenian participants had lower expectations in terms of Slovenia’s legal, taxation and other regulatory measures in housing compared to Japanese participants. Considering that legislation represents the Slovenian government’s primary influence over the real estate market, the expectations of the participants in our survey show that Slovenian buyers’ confidence should be increased in this area.
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spelling doaj.art-52ae588a3910425ea42f4f1e21a07b5f2022-12-21T18:31:11ZengUrbanistični inštitut RSUrbani Izziv0353-64831855-83992010-01-01212106116The external expectations of potential real estate buyers in Slovenia and JapanBojan GrumAlenka Temeljotov SalajThis article presents partial results of a survey being conducted in Slovenia and Japan. It seeks to determine the factors that have a decisive influence over potential real estate buyers when deciding to purchase. The article focuses on the role of potential buyers’ external expectations in relation to their various cultural identities. We follow the hypothesis that these differences in external expectations are statistically significant. The primary instrument for measuring participants’ expectations was a survey in which 1,270 people participated. We statistically analysed the results by conducting a one-way analysis of variance related to the participants’ various cultural identities. By analysing the results of the statistical analyses, we confirmed the hypothesis. It is evident from the results that Slovenian participants had lower expectations in terms of Slovenia’s legal, taxation and other regulatory measures in housing compared to Japanese participants. Considering that legislation represents the Slovenian government’s primary influence over the real estate market, the expectations of the participants in our survey show that Slovenian buyers’ confidence should be increased in this area.http://urbani-izziv.uirs.si/Portals/uizziv/papers/urbani-izziv-en-2010-21-02-004.pdfbuyers’ expectationsreal estate rightsSloveniaJapan
spellingShingle Bojan Grum
Alenka Temeljotov Salaj
The external expectations of potential real estate buyers in Slovenia and Japan
Urbani Izziv
buyers’ expectations
real estate rights
Slovenia
Japan
title The external expectations of potential real estate buyers in Slovenia and Japan
title_full The external expectations of potential real estate buyers in Slovenia and Japan
title_fullStr The external expectations of potential real estate buyers in Slovenia and Japan
title_full_unstemmed The external expectations of potential real estate buyers in Slovenia and Japan
title_short The external expectations of potential real estate buyers in Slovenia and Japan
title_sort external expectations of potential real estate buyers in slovenia and japan
topic buyers’ expectations
real estate rights
Slovenia
Japan
url http://urbani-izziv.uirs.si/Portals/uizziv/papers/urbani-izziv-en-2010-21-02-004.pdf
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