Author
Abstract
Generally, the market notion designates a system of specific activities that are proceeding after some goods have been projected from the production sphere and bef ore these overtake the consuming sphere. Also, the market can be considerate as the meeting place between the buyers demand and the producers offer. In fact, on the market it is verifying, the concordance or the disparity between the volume, structure and the production quality (offer) with the level, structure and the consume quality (solvent demand). A real estate market is represented by a group of persons or firms that come into contact one with each other with the purpose to make real estate transactio ns. The actors from the market can be the buyers, the sellers, the renters, the creditors, the borrowers, the entrepreneurs, the constructors, the administrators, the investors and the mediates. A real estate market is made by the market actors signed in real estate transactions. The decisions regarding the allocation of the land to the different real estates destinations (farms, houses, offices, factories, shops, schools, hotels, football fields, parking places etc.), the number of the immovable that must be built and of what type, the prices range to that the buildings and terrains are proceeded – are adopted on the real estate market. A market represent the space (as geographical delimitation and/or according to the good and services characteristics) wherein are meeting buyers and sellers (certain or potentials) to make transactions, to a price, that result from the demand confrontation with the goods or services offer. What individualizes the transactions with the real estate proprieties is the fact that this aren’t developing on a single market. The real estate market is developed, in fact, as two different markets: the market for physical spaces and the market for financial active.
Suggested Citation
Mihaela VASIOIU, 2009.
"The Financing Policy On The Real Estate Market In Romania,"
The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 9(1(9)), pages 157-162, June.
Handle:
RePEc:scm:ausvfe:v:9:y:2009:i:1(9):p:157-162
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