Transitioning real estate development toward low-carbon operations is a critical strategy for China to achieve its carbon peaking and neutrality targets.Accurately calculating CO_(2) emissions from real estate develop...Transitioning real estate development toward low-carbon operations is a critical strategy for China to achieve its carbon peaking and neutrality targets.Accurately calculating CO_(2) emissions from real estate development is essential for effective implementation of low-carbon strategies.However,research that specifically addresses CO_(2) emissions from real estate development is lacking.To fill this knowledge gap,this study examined CO_(2) emissions from China's real estate development between 2000 and 2020,presenting a comprehensive analysis of the production and consumption aspects of emissions,and inter-provincial transfers of emissions driven by the sector.Our findings reveal a significant increase in embodied CO_(2) emissions fromChina's real estate development,escalating from 145.5Mt in 2000 to 477.3Mt in 2020.The proportion of emissions attributable to real estate development among China's total CO_(2) emissions ranged from5%to 6%between 2000 and 2020,underscoring the sector's non-negligible impact on the country's overall CO_(2) emissions.Our analysis demonstrated that building material production,especially steel and cement,contributed significantly to the sector's emissions,underscoring the need for decarbonization and the adoption of green building materials.Additionally,a marginal increase in CO_(2) emissions per constructed area requires enhanced sustainable construction practices.Furthermore,our study revealed that the ongoing rise in inter-provincial CO_(2) emissions transfer due to real estate development intensifies carbon inequality across provinces.These findings are instrumental for policymakers and stakeholders to develop targeted interventions to mitigate CO_(2) emissions and promote sustainable growth in China's real estate sector.展开更多
The complexity of real estate construction project management is highlighted,and this paper deeply discusses its technology and risk control strategy.Analyze the application field of technology and the construction of...The complexity of real estate construction project management is highlighted,and this paper deeply discusses its technology and risk control strategy.Analyze the application field of technology and the construction of risk management system,and verify the effectiveness of the strategy through cases.The is concluded that the integration of technology management and risk control is the core path to improve the efficiency of the project,and it points out that the application of intelligent tools should be strengthened and explore the new management mode under the dual-carbon goal.展开更多
This paper expounds the characteristics of BIM technology,including visualization,parameterization,and collaboration.It analyzes the quality control requirements of real estate projects and the problems of the traditi...This paper expounds the characteristics of BIM technology,including visualization,parameterization,and collaboration.It analyzes the quality control requirements of real estate projects and the problems of the traditional control system.It introduces the quality control strategies based on BIM,such as constructing the framework,combining with technologies to control deviations,etc.It also mentions the PDCA mechanism,application terminals,etc.,and points out the application obstacles and future development directions.展开更多
This research focuses on quality control strategies in real estate HVAC engineering construction management.It first elaborates on the role of HVAC systems and challenges like material compliance risks and installatio...This research focuses on quality control strategies in real estate HVAC engineering construction management.It first elaborates on the role of HVAC systems and challenges like material compliance risks and installation deficiencies.Then it details design validation,vendor qualification,and construction-phase monitoring methods.Case studies in various real estate projects illustrate these strategies,and a 5-phase quality maturity model was proposed for quality improvement.展开更多
Fluctuations in real estate prices are closely linked to the macro-economy,exerting a profound influence on social investment and consumption levels.As a key source of funding for the real estate market,bank credit si...Fluctuations in real estate prices are closely linked to the macro-economy,exerting a profound influence on social investment and consumption levels.As a key source of funding for the real estate market,bank credit significantly affects housing price changes in major Chinese cities.This paper explores the transmission mechanisms and pathways of bank credit on real estate prices through theoretical analysis and empirical research.It constructs a panel regression model to empirically analyze the relationship between bank credit scale and housing prices in 35 large and medium-sized Chinese cities from 2012 to 2022,assess the impact of credit on housing price fluctuations,and compare differences between first-tier and second-tier cities.Based on these findings,the paper proposes suggestions for regulating housing prices by controlling credit scale,aiming to deepen the understanding of the relationship between bank credit and housing prices and support the stable development of China’s macro-economy and real estate market.展开更多
Real estate construction management faces technological innovation and risk-control challenges.Digital,intelligent,and green construction technologies are driving management transformation.This paper explores innovati...Real estate construction management faces technological innovation and risk-control challenges.Digital,intelligent,and green construction technologies are driving management transformation.This paper explores innovation paths like BIM,IoT,AI robots,and eco-friendly materials,analyzes risk characteristics,and proposes strategies such as a full-process risk management framework,technology verification,standardization,and data security systems.It also discusses the supporting role of government regulation,industry standards,corporate governance,and personnel training,aiming to provide theoretical and practical guidance for modernizing real estate construction management.展开更多
Given the existence of real estate market bubbles and risks arising from high government debt,countries are faced with the challenge of preventing systemic risks.This study investigates the macroeconomic dynamics of t...Given the existence of real estate market bubbles and risks arising from high government debt,countries are faced with the challenge of preventing systemic risks.This study investigates the macroeconomic dynamics of the real estate market and local government debt risk from the perspective of liquidity constraints.We build a dynamic stochastic general equilibrium model with real estate and local government debt risk based on the New Keynesian-Dynamic Stochastic General Equilibrium Model(NK-DSGE)model to investigate the transmission path of local government debt risk under real estate regulation.In addition,we analyze the risk transmission between the real estate market and local government under different tax systems and investigate the shock to household welfare from a local government debt default.The results show monetary policy can effectively control the scale of local government debt to reduce default risk.An increase in property taxes that restrains housing demand can effectively regulate the real estate market.Although reducing taxes can increase macroeconomic output,reducing tax rates on consumption,capital,and labor weakens the liquidity of household assets.Further,lowering taxes increases local government default risk,which reduces household welfare and makes it more difficult for local governments to deleverage.Our findings provide important insights for countries seeking an effective real estate regulation mechanism to curb local government default risk.展开更多
绝对所有权和双重所有权并非两大法系财产法的核心区别。两大法系的核心区别不是所有权的内涵不同而是对应概念及理念根本不同。两大法系财产法一为所有权法,一为the Law of Estate,所有权与Estate制度及理念的不同才是两大法系区别的...绝对所有权和双重所有权并非两大法系财产法的核心区别。两大法系的核心区别不是所有权的内涵不同而是对应概念及理念根本不同。两大法系财产法一为所有权法,一为the Law of Estate,所有权与Estate制度及理念的不同才是两大法系区别的根本。二者没有高低优劣也没有不可逾越的鸿沟,只是不同历史背景下遭遇了不同路径,各有优缺利弊。展开更多
Based on the current development of industrial real estate of Jiangxi Province, comprehensive analysis was conducted to 6 aspects using the idea of diamond model, namely, factor conditions, demand conditions, related ...Based on the current development of industrial real estate of Jiangxi Province, comprehensive analysis was conducted to 6 aspects using the idea of diamond model, namely, factor conditions, demand conditions, related and supporting industries, firm strategy, structure and rivalry, government and chance through the comparison with the other industrial real estates and analysis on horizontal competition in China. Development countermeasures were investigated to improve the competitiveness of the industrial real estate in Guangxi, putting forward the strategies of developing the role of government and business, seizing the opportunities of the times, city-industry integration development, implementation of industrial integration and integration of city development, the implementation of industrial integration and investment planning.展开更多
Taking the concrete conditions of each region into full consideration, the Chinese real estate market is divided into an eastern market, a central market and a western market. For each market, the autoregressive integ...Taking the concrete conditions of each region into full consideration, the Chinese real estate market is divided into an eastern market, a central market and a western market. For each market, the autoregressive integrated moving average （ARMA） model is established and spectral analysis is carded out to better understand the changes in the real estate markets in each region. The results show the investment levels and several kinds of cycles within each market. The level of real estate investment （LREI）in the eastern region is the higiaest, and the short cycle of investment is about 4 to 5 years; the LREI in the central region is in the middle, and the short cycle of investment is about 2 to 3 years; the LREI in the western region has been rapidly increasing in recent years, and the short cycle of investment is about 4 to 5 years. Real estate investment in each area has reached a peak and completed a middle-cycle movement after a period of sustained recession and an upsurge process, which has taken about 9 to 10 years.展开更多
Great changes have taken place in China＇s real estate market during the 12th Five-year Plan period. The real estate market has shifted from being undersupplied to having an equilibrium of supply and demand with regio...Great changes have taken place in China＇s real estate market during the 12th Five-year Plan period. The real estate market has shifted from being undersupplied to having an equilibrium of supply and demand with regional oversupply. Real estate risks in some cities have begun to emerge, but overall real estate risks remain controllable. Given the major changes taking place in the supply and demand of China＇s real estate market and the current stage of its development, it is projected that China＇s real estate investment growth will continue to slow down during the 13th Five-year Plan period and pressures on the renovation of inventory housing will intensify. According to the changes in the development of China＇s current real estate market, the objectives of real estate development will be adjusted to put a higher premium on the development level, the quality of real estate development, and the improvement of housing conditions. Reform and policy adjustments should be carried out to effectively prevent real estate market risks and to achieve stable operations inside the real estate market itself.展开更多
Most real estate agents develop new objects by visiting unfamiliar clients, distributing leaflets, or browsing other real estate trading website platforms,whereas consumers often rely on websites to search and compare...Most real estate agents develop new objects by visiting unfamiliar clients, distributing leaflets, or browsing other real estate trading website platforms,whereas consumers often rely on websites to search and compare prices when purchasing real property. In addition to being time consuming, this search processrenders it difficult for agents and consumers to understand the status changes ofobjects. In this study, Python is used to write web crawler and image recognitionprograms to capture object information from the web pages of real estate agents;perform data screening, arranging, and cleaning;compare the text of real estateobject information;as well as integrate and use the convolutional neural networkof a deep learning algorithm to implement image recognition. In this study, dataare acquired from two business-to-consumer real estate agency networks, i.e., theSinyi real estate agent and the Yungching real estate agent, and one consumer-toconsumer real estate agency platform, i.e., the, FiveNineOne real estate agent. Theresults indicate that text mining can reveal the similarities and differences betweenthe objects, list the number of days that the object has been available for sale onthe website, and provide the price fluctuations and fluctuation times during thesales period. In addition, 213,325 object amplification images are used as a database for training using deep learning algorithms, and the maximum image recognition accuracy achieved is 95%. The dynamic recommendation system for realestate objects constructed by combining text mining and image recognition systems enables developers in the real estate industry to understand the differencesbetween their commodities and other businesses in approximately 2 min, as wellas rapidly determine developable objects via comparison results provided by thesystem. Meanwhile, consumers require less time in searching and comparingprices after they have understood the commodity dynamic information, therebyallowing them to use the most efficient approach to purchase real estate objectsof their interest.展开更多
The article represents research on ways to make the management of real estate companies more efficient, starting from their structural organization. The organizational structure of the enterprise is a basic component ...The article represents research on ways to make the management of real estate companies more efficient, starting from their structural organization. The organizational structure of the enterprise is a basic component of the general structure of the company and reflects the “anatomy of the enterprise” and the way of its conception, detailing, and implementation directly influence the activities required to achieve the objectives of the enterprise. On closer examination of a series of organizational charts of real estate management companies, the author observed a tendency to use organizational structures that are inefficient. The main objectives of this article are to bring into the practice of real estate management a model of beneficial organizational structure, both for the real estate management companies and for the construction companies that, besides the building activity, also deal with the management of their own real estate, and to emphasize the particular importance of the organizational structure of the company. The appreciation of the organizational structure represents the process of knowledge, understanding, and explanation of the existing situation through a detailed analysis of the factors that influence its condition through: the enterprise development strategy;the type and complexity of services;the size of the enterprise;the quality of human resources;the changes that take place in the external environment of the company, and last but not least, the legal framework and the statutes of the enterprise.展开更多
The real estate sector is vital for ensuring human needs for living and activity. This fact conditioned the formation of a legal, normative and methodological framework specific to real estate, but also the investment...The real estate sector is vital for ensuring human needs for living and activity. This fact conditioned the formation of a legal, normative and methodological framework specific to real estate, but also the investment attractiveness of the field. Thus, the real estate consultant often solves technical, economic, legal, organizational problems, but the biggest responsibility rests with investment consulting. The applied methodologies, focused on evaluating the efficiency of investments, are not sufficient to propose to the investor a reasoned conclusion regarding the investment priority. In this article, the authors propose a useful tool for real estate consultants in order to reason the decision regarding the investment of funds in commercial real estate for the purpose of renting it out—the Maximum Global Utility (MGU) method. It is proposed to include in the analysis and the way of calculating the indicator “importance level of the real estate” which reflects the criterion of the best use. This indicator ensures the flexibility of the decision depending on the quality characteristics of the real estate.展开更多
The real estate market is at risk to produce economic bubbles, which produce heavy financial losses while bursting. To flatten these bubbles, Germany tried since the 1960s a way of thorough analysis and high transpare...The real estate market is at risk to produce economic bubbles, which produce heavy financial losses while bursting. To flatten these bubbles, Germany tried since the 1960s a way of thorough analysis and high transparency of the real estate market as a public task. The experts from different professions in the local market effectively are included in a honorary form. The competition between the experts and also between the experts and the public institution is intentionally maintained.展开更多
文摘Transitioning real estate development toward low-carbon operations is a critical strategy for China to achieve its carbon peaking and neutrality targets.Accurately calculating CO_(2) emissions from real estate development is essential for effective implementation of low-carbon strategies.However,research that specifically addresses CO_(2) emissions from real estate development is lacking.To fill this knowledge gap,this study examined CO_(2) emissions from China's real estate development between 2000 and 2020,presenting a comprehensive analysis of the production and consumption aspects of emissions,and inter-provincial transfers of emissions driven by the sector.Our findings reveal a significant increase in embodied CO_(2) emissions fromChina's real estate development,escalating from 145.5Mt in 2000 to 477.3Mt in 2020.The proportion of emissions attributable to real estate development among China's total CO_(2) emissions ranged from5%to 6%between 2000 and 2020,underscoring the sector's non-negligible impact on the country's overall CO_(2) emissions.Our analysis demonstrated that building material production,especially steel and cement,contributed significantly to the sector's emissions,underscoring the need for decarbonization and the adoption of green building materials.Additionally,a marginal increase in CO_(2) emissions per constructed area requires enhanced sustainable construction practices.Furthermore,our study revealed that the ongoing rise in inter-provincial CO_(2) emissions transfer due to real estate development intensifies carbon inequality across provinces.These findings are instrumental for policymakers and stakeholders to develop targeted interventions to mitigate CO_(2) emissions and promote sustainable growth in China's real estate sector.
文摘The complexity of real estate construction project management is highlighted,and this paper deeply discusses its technology and risk control strategy.Analyze the application field of technology and the construction of risk management system,and verify the effectiveness of the strategy through cases.The is concluded that the integration of technology management and risk control is the core path to improve the efficiency of the project,and it points out that the application of intelligent tools should be strengthened and explore the new management mode under the dual-carbon goal.
文摘This paper expounds the characteristics of BIM technology,including visualization,parameterization,and collaboration.It analyzes the quality control requirements of real estate projects and the problems of the traditional control system.It introduces the quality control strategies based on BIM,such as constructing the framework,combining with technologies to control deviations,etc.It also mentions the PDCA mechanism,application terminals,etc.,and points out the application obstacles and future development directions.
文摘This research focuses on quality control strategies in real estate HVAC engineering construction management.It first elaborates on the role of HVAC systems and challenges like material compliance risks and installation deficiencies.Then it details design validation,vendor qualification,and construction-phase monitoring methods.Case studies in various real estate projects illustrate these strategies,and a 5-phase quality maturity model was proposed for quality improvement.
文摘Fluctuations in real estate prices are closely linked to the macro-economy,exerting a profound influence on social investment and consumption levels.As a key source of funding for the real estate market,bank credit significantly affects housing price changes in major Chinese cities.This paper explores the transmission mechanisms and pathways of bank credit on real estate prices through theoretical analysis and empirical research.It constructs a panel regression model to empirically analyze the relationship between bank credit scale and housing prices in 35 large and medium-sized Chinese cities from 2012 to 2022,assess the impact of credit on housing price fluctuations,and compare differences between first-tier and second-tier cities.Based on these findings,the paper proposes suggestions for regulating housing prices by controlling credit scale,aiming to deepen the understanding of the relationship between bank credit and housing prices and support the stable development of China’s macro-economy and real estate market.
文摘Real estate construction management faces technological innovation and risk-control challenges.Digital,intelligent,and green construction technologies are driving management transformation.This paper explores innovation paths like BIM,IoT,AI robots,and eco-friendly materials,analyzes risk characteristics,and proposes strategies such as a full-process risk management framework,technology verification,standardization,and data security systems.It also discusses the supporting role of government regulation,industry standards,corporate governance,and personnel training,aiming to provide theoretical and practical guidance for modernizing real estate construction management.
基金supported by the National Natural Science Foundation of China(Nos.72271135,72141304,71901130)National Social Science Fund of China(22&ZD117)+3 种基金Laboratory of Computation and Analytics of Complex Management Systems(Tianjin University)Special Funds for Taishan Scholars(tsqn202211120)2024 Qingdao Finance Society Key Project2024 Qingdao Social Science Planning Project.
文摘Given the existence of real estate market bubbles and risks arising from high government debt,countries are faced with the challenge of preventing systemic risks.This study investigates the macroeconomic dynamics of the real estate market and local government debt risk from the perspective of liquidity constraints.We build a dynamic stochastic general equilibrium model with real estate and local government debt risk based on the New Keynesian-Dynamic Stochastic General Equilibrium Model(NK-DSGE)model to investigate the transmission path of local government debt risk under real estate regulation.In addition,we analyze the risk transmission between the real estate market and local government under different tax systems and investigate the shock to household welfare from a local government debt default.The results show monetary policy can effectively control the scale of local government debt to reduce default risk.An increase in property taxes that restrains housing demand can effectively regulate the real estate market.Although reducing taxes can increase macroeconomic output,reducing tax rates on consumption,capital,and labor weakens the liquidity of household assets.Further,lowering taxes increases local government default risk,which reduces household welfare and makes it more difficult for local governments to deleverage.Our findings provide important insights for countries seeking an effective real estate regulation mechanism to curb local government default risk.
文摘绝对所有权和双重所有权并非两大法系财产法的核心区别。两大法系的核心区别不是所有权的内涵不同而是对应概念及理念根本不同。两大法系财产法一为所有权法,一为the Law of Estate,所有权与Estate制度及理念的不同才是两大法系区别的根本。二者没有高低优劣也没有不可逾越的鸿沟,只是不同历史背景下遭遇了不同路径,各有优缺利弊。
基金Supported by the General Project for Humanities and Social Science of the Institutions of Higher Education in Jiangxi Province(GL1458)~~
文摘Based on the current development of industrial real estate of Jiangxi Province, comprehensive analysis was conducted to 6 aspects using the idea of diamond model, namely, factor conditions, demand conditions, related and supporting industries, firm strategy, structure and rivalry, government and chance through the comparison with the other industrial real estates and analysis on horizontal competition in China. Development countermeasures were investigated to improve the competitiveness of the industrial real estate in Guangxi, putting forward the strategies of developing the role of government and business, seizing the opportunities of the times, city-industry integration development, implementation of industrial integration and integration of city development, the implementation of industrial integration and investment planning.
文摘Taking the concrete conditions of each region into full consideration, the Chinese real estate market is divided into an eastern market, a central market and a western market. For each market, the autoregressive integrated moving average （ARMA） model is established and spectral analysis is carded out to better understand the changes in the real estate markets in each region. The results show the investment levels and several kinds of cycles within each market. The level of real estate investment （LREI）in the eastern region is the higiaest, and the short cycle of investment is about 4 to 5 years; the LREI in the central region is in the middle, and the short cycle of investment is about 2 to 3 years; the LREI in the western region has been rapidly increasing in recent years, and the short cycle of investment is about 4 to 5 years. Real estate investment in each area has reached a peak and completed a middle-cycle movement after a period of sustained recession and an upsurge process, which has taken about 9 to 10 years.
文摘Great changes have taken place in China＇s real estate market during the 12th Five-year Plan period. The real estate market has shifted from being undersupplied to having an equilibrium of supply and demand with regional oversupply. Real estate risks in some cities have begun to emerge, but overall real estate risks remain controllable. Given the major changes taking place in the supply and demand of China＇s real estate market and the current stage of its development, it is projected that China＇s real estate investment growth will continue to slow down during the 13th Five-year Plan period and pressures on the renovation of inventory housing will intensify. According to the changes in the development of China＇s current real estate market, the objectives of real estate development will be adjusted to put a higher premium on the development level, the quality of real estate development, and the improvement of housing conditions. Reform and policy adjustments should be carried out to effectively prevent real estate market risks and to achieve stable operations inside the real estate market itself.
文摘Most real estate agents develop new objects by visiting unfamiliar clients, distributing leaflets, or browsing other real estate trading website platforms,whereas consumers often rely on websites to search and compare prices when purchasing real property. In addition to being time consuming, this search processrenders it difficult for agents and consumers to understand the status changes ofobjects. In this study, Python is used to write web crawler and image recognitionprograms to capture object information from the web pages of real estate agents;perform data screening, arranging, and cleaning;compare the text of real estateobject information;as well as integrate and use the convolutional neural networkof a deep learning algorithm to implement image recognition. In this study, dataare acquired from two business-to-consumer real estate agency networks, i.e., theSinyi real estate agent and the Yungching real estate agent, and one consumer-toconsumer real estate agency platform, i.e., the, FiveNineOne real estate agent. Theresults indicate that text mining can reveal the similarities and differences betweenthe objects, list the number of days that the object has been available for sale onthe website, and provide the price fluctuations and fluctuation times during thesales period. In addition, 213,325 object amplification images are used as a database for training using deep learning algorithms, and the maximum image recognition accuracy achieved is 95%. The dynamic recommendation system for realestate objects constructed by combining text mining and image recognition systems enables developers in the real estate industry to understand the differencesbetween their commodities and other businesses in approximately 2 min, as wellas rapidly determine developable objects via comparison results provided by thesystem. Meanwhile, consumers require less time in searching and comparingprices after they have understood the commodity dynamic information, therebyallowing them to use the most efficient approach to purchase real estate objectsof their interest.
文摘The article represents research on ways to make the management of real estate companies more efficient, starting from their structural organization. The organizational structure of the enterprise is a basic component of the general structure of the company and reflects the “anatomy of the enterprise” and the way of its conception, detailing, and implementation directly influence the activities required to achieve the objectives of the enterprise. On closer examination of a series of organizational charts of real estate management companies, the author observed a tendency to use organizational structures that are inefficient. The main objectives of this article are to bring into the practice of real estate management a model of beneficial organizational structure, both for the real estate management companies and for the construction companies that, besides the building activity, also deal with the management of their own real estate, and to emphasize the particular importance of the organizational structure of the company. The appreciation of the organizational structure represents the process of knowledge, understanding, and explanation of the existing situation through a detailed analysis of the factors that influence its condition through: the enterprise development strategy;the type and complexity of services;the size of the enterprise;the quality of human resources;the changes that take place in the external environment of the company, and last but not least, the legal framework and the statutes of the enterprise.
文摘The real estate sector is vital for ensuring human needs for living and activity. This fact conditioned the formation of a legal, normative and methodological framework specific to real estate, but also the investment attractiveness of the field. Thus, the real estate consultant often solves technical, economic, legal, organizational problems, but the biggest responsibility rests with investment consulting. The applied methodologies, focused on evaluating the efficiency of investments, are not sufficient to propose to the investor a reasoned conclusion regarding the investment priority. In this article, the authors propose a useful tool for real estate consultants in order to reason the decision regarding the investment of funds in commercial real estate for the purpose of renting it out—the Maximum Global Utility (MGU) method. It is proposed to include in the analysis and the way of calculating the indicator “importance level of the real estate” which reflects the criterion of the best use. This indicator ensures the flexibility of the decision depending on the quality characteristics of the real estate.
文摘The real estate market is at risk to produce economic bubbles, which produce heavy financial losses while bursting. To flatten these bubbles, Germany tried since the 1960s a way of thorough analysis and high transparency of the real estate market as a public task. The experts from different professions in the local market effectively are included in a honorary form. The competition between the experts and also between the experts and the public institution is intentionally maintained.
