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The impact of risk and Inflation on residential property development decision
[journal article]
Abstract Residential property development decision most times come as a bit to quelling housing poverty, but at the same time a veritable source of income as well as a better bulwark against inflation and other risk than any other asset in isolation. However, this paper is written to assess the impact of ris... view more
Residential property development decision most times come as a bit to quelling housing poverty, but at the same time a veritable source of income as well as a better bulwark against inflation and other risk than any other asset in isolation. However, this paper is written to assess the impact of risk and inflation on residential property development decision as the aim. Secondary data source was adopted as methodology for the research; while the result was that residential property development/investment provides significant favourable outcome than other property investments or businesses during inflationary/risky periods. It was therefore recommended that residential property investment/development should be involved in most investment portfolios at most times to mitigate risk of whatever type.... view less
Keywords
risk; inflation; impact; decision; real estate; residential behavior; combating poverty; housing construction; investment; assets
Classification
Sociology of Settlements and Housing, Urban Sociology
National Economy
Economic Sectors
Document language
English
Publication Year
2015
Page/Pages
p. 117-121
Journal
International Letters of Social and Humanistic Sciences (2015) 53
ISSN
2300-2697
Status
Published Version; peer reviewed