METHODS OF MASS APPRAISAL OF COMMERCIAL REAL ESTATE RENTAL RATES IN THE NARROW MARKETS
The narrow markets in small settlements where the commercial real estate supply is scarce cannot be analyzed statistically. The problem becomes extremely complex when the research should take into consideration a wide range of Russian settlements. Moreover, there is a mismatch between the expected l...
| Main Authors: | , |
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| Format: | Article |
| Language: | Russian |
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Government of the Russian Federation, Financial University
2017-10-01
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| Series: | Финансы: теория и практика |
| Subjects: | |
| Online Access: | https://financetp.fa.ru/jour/article/view/482 |
| _version_ | 1826565366276423680 |
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| author | G. M. Sternik S. G. Sternik |
| author_facet | G. M. Sternik S. G. Sternik |
| author_sort | G. M. Sternik |
| collection | DOAJ |
| description | The narrow markets in small settlements where the commercial real estate supply is scarce cannot be analyzed statistically. The problem becomes extremely complex when the research should take into consideration a wide range of Russian settlements. Moreover, there is a mismatch between the expected labor costs for data collecting and processing and achieved results.In this context, the task of developing a methodology for determining the rental rates for commercial real estate in the narrow markets in conditions of zero or minimum supply is highly relevant. The article shows that the main problem is to find correlation between economically reasonable and statistically proven average rental rates and a straightforward factor which can be easily determined. |
| first_indexed | 2024-04-10T02:38:06Z |
| format | Article |
| id | doaj.art-99b2458f4f7e40dfa7d3ca9bfbc3187c |
| institution | Directory Open Access Journal |
| issn | 2587-5671 2587-7089 |
| language | Russian |
| last_indexed | 2025-03-14T10:34:37Z |
| publishDate | 2017-10-01 |
| publisher | Government of the Russian Federation, Financial University |
| record_format | Article |
| series | Финансы: теория и практика |
| spelling | doaj.art-99b2458f4f7e40dfa7d3ca9bfbc3187c2025-03-02T11:01:58ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-01057379518METHODS OF MASS APPRAISAL OF COMMERCIAL REAL ESTATE RENTAL RATES IN THE NARROW MARKETSG. M. Sternik0S. G. Sternik1the Plekhanov Economic University, MoscowFinancial University, MoscowThe narrow markets in small settlements where the commercial real estate supply is scarce cannot be analyzed statistically. The problem becomes extremely complex when the research should take into consideration a wide range of Russian settlements. Moreover, there is a mismatch between the expected labor costs for data collecting and processing and achieved results.In this context, the task of developing a methodology for determining the rental rates for commercial real estate in the narrow markets in conditions of zero or minimum supply is highly relevant. The article shows that the main problem is to find correlation between economically reasonable and statistically proven average rental rates and a straightforward factor which can be easily determined.https://financetp.fa.ru/jour/article/view/482narrow marketsrental ratessecondary marketscommercial real estatemarket modelcorrelation of prices |
| spellingShingle | G. M. Sternik S. G. Sternik METHODS OF MASS APPRAISAL OF COMMERCIAL REAL ESTATE RENTAL RATES IN THE NARROW MARKETS Финансы: теория и практика narrow markets rental rates secondary markets commercial real estate market model correlation of prices |
| title | METHODS OF MASS APPRAISAL OF COMMERCIAL REAL ESTATE RENTAL RATES IN THE NARROW MARKETS |
| title_full | METHODS OF MASS APPRAISAL OF COMMERCIAL REAL ESTATE RENTAL RATES IN THE NARROW MARKETS |
| title_fullStr | METHODS OF MASS APPRAISAL OF COMMERCIAL REAL ESTATE RENTAL RATES IN THE NARROW MARKETS |
| title_full_unstemmed | METHODS OF MASS APPRAISAL OF COMMERCIAL REAL ESTATE RENTAL RATES IN THE NARROW MARKETS |
| title_short | METHODS OF MASS APPRAISAL OF COMMERCIAL REAL ESTATE RENTAL RATES IN THE NARROW MARKETS |
| title_sort | methods of mass appraisal of commercial real estate rental rates in the narrow markets |
| topic | narrow markets rental rates secondary markets commercial real estate market model correlation of prices |
| url | https://financetp.fa.ru/jour/article/view/482 |
| work_keys_str_mv | AT gmsternik methodsofmassappraisalofcommercialrealestaterentalratesinthenarrowmarkets AT sgsternik methodsofmassappraisalofcommercialrealestaterentalratesinthenarrowmarkets |