Comparative Analysis of Sustainable Real Estate Market Development in Two Northern Capitals: Case of Riga, Latvia and Stockholm, Sweden

Sustainable development becomes a necessary practice in every country. Real estate has always been an essential need for humans to survive, almost all human activities are related to real estate. Due to that, as well as due to the growth of population, real estate has grown in numbers in the world f...

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Main Authors: Mishra Ankit, Kauškale Linda
Format: Article
Language:English
Published: Sciendo 2017-11-01
Series:Baltic Journal of Real Estate Economics and Construction Management
Subjects:
Online Access:https://doi.org/10.1515/bjreecm-2017-0014
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author Mishra Ankit
Kauškale Linda
author_facet Mishra Ankit
Kauškale Linda
author_sort Mishra Ankit
collection DOAJ
description Sustainable development becomes a necessary practice in every country. Real estate has always been an essential need for humans to survive, almost all human activities are related to real estate. Due to that, as well as due to the growth of population, real estate has grown in numbers in the world for our basic need fulfilment. Major studies have shown that real estate objects are one of the major contributors negatively affecting our environment. Sustainable real estate development is a crucial practice implemented by successful countries and other countries are following them, adopting good practice in this field. Sustainable real estate development analysis not only helps to solve climate change issues, but also increases asset value. The aim of the research is to analyze two northern region capitals: Riga (Latvia) and Stockholm (Sweden) and their major steps being taken to promote sustainable real estate development. The comparative, historical, logical and statistical data analysis methods have been used in the research.
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spelling doaj.art-c968819ba48b46f280028af601712e522022-12-22T03:13:41ZengSciendoBaltic Journal of Real Estate Economics and Construction Management2255-96712017-11-015118620010.1515/bjreecm-2017-0014Comparative Analysis of Sustainable Real Estate Market Development in Two Northern Capitals: Case of Riga, Latvia and Stockholm, SwedenMishra Ankit0Kauškale Linda1Riga Technical University, Riga, LatviaRiga Technical University, Riga, LatviaSustainable development becomes a necessary practice in every country. Real estate has always been an essential need for humans to survive, almost all human activities are related to real estate. Due to that, as well as due to the growth of population, real estate has grown in numbers in the world for our basic need fulfilment. Major studies have shown that real estate objects are one of the major contributors negatively affecting our environment. Sustainable real estate development is a crucial practice implemented by successful countries and other countries are following them, adopting good practice in this field. Sustainable real estate development analysis not only helps to solve climate change issues, but also increases asset value. The aim of the research is to analyze two northern region capitals: Riga (Latvia) and Stockholm (Sweden) and their major steps being taken to promote sustainable real estate development. The comparative, historical, logical and statistical data analysis methods have been used in the research.https://doi.org/10.1515/bjreecm-2017-0014economic factorseuropean uniongovernancelatviarigasocial factorsstockholmsustainabilityswedenunited nations
spellingShingle Mishra Ankit
Kauškale Linda
Comparative Analysis of Sustainable Real Estate Market Development in Two Northern Capitals: Case of Riga, Latvia and Stockholm, Sweden
Baltic Journal of Real Estate Economics and Construction Management
economic factors
european union
governance
latvia
riga
social factors
stockholm
sustainability
sweden
united nations
title Comparative Analysis of Sustainable Real Estate Market Development in Two Northern Capitals: Case of Riga, Latvia and Stockholm, Sweden
title_full Comparative Analysis of Sustainable Real Estate Market Development in Two Northern Capitals: Case of Riga, Latvia and Stockholm, Sweden
title_fullStr Comparative Analysis of Sustainable Real Estate Market Development in Two Northern Capitals: Case of Riga, Latvia and Stockholm, Sweden
title_full_unstemmed Comparative Analysis of Sustainable Real Estate Market Development in Two Northern Capitals: Case of Riga, Latvia and Stockholm, Sweden
title_short Comparative Analysis of Sustainable Real Estate Market Development in Two Northern Capitals: Case of Riga, Latvia and Stockholm, Sweden
title_sort comparative analysis of sustainable real estate market development in two northern capitals case of riga latvia and stockholm sweden
topic economic factors
european union
governance
latvia
riga
social factors
stockholm
sustainability
sweden
united nations
url https://doi.org/10.1515/bjreecm-2017-0014
work_keys_str_mv AT mishraankit comparativeanalysisofsustainablerealestatemarketdevelopmentintwonortherncapitalscaseofrigalatviaandstockholmsweden
AT kauskalelinda comparativeanalysisofsustainablerealestatemarketdevelopmentintwonortherncapitalscaseofrigalatviaandstockholmsweden