Building a Concept af a Criteria System When Making a Choice During a Purchase of a Residential Real Estate Property

Authors

Keywords
residential real estate, characteristics of residential real estate, feng shui, criteria system

Summary
The purpose of the present article is to reveal, discuss and range in degree of significance various characteristics of a residential property which influence making a decision during a purchasing process. Apart from the obvious well-known characteristics of any property like location, price, structural characteristics, transport accessibility, etc. this article also discusses certain criteria based on the ancient Chinese philosophy of Feng Shui. Consequently, based on the thoroughly analysed criteria an attempt is presented at grading these criteria in priority and importance thus coming up with a criteria system for purchasing a residential property.

JEL: R3, R30, R31
Pages: 14
DOI: 

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