Management of Construction and Real Estate Under Conditions of Market Instability

Abstract

Monograph deals with significant theoretical and practical issues on construction and real estate market fluctuations, their determinants and crisis management measures. It discusses real estate markets fluctuations in Lithuania and abroad, their consequences and problem-solving experiences. Significance of construction and real estate market in the economy in emphasised. The monograph is interdisciplinary in nature; studies of the authors can be linked to construction, economics and management fields. Monograph contains a detailed analysis of the construction and real estate market, and the results are relevant not only in the academic context, but significant for all stakeholders of construction and real estate markets. The presented data, the theoretical and practical insights can be useful for real estate appraisers, developers, construction businesses, public authorities, as well as master and PhD students. Monograph consists of three coherent chapters and aims to analyse fluctuations in different construction and real estate market segments in detail. Furthermore, determinants of crises and consequences as well as possible measures for construction and real estate management under conditions of market instability presented. The publication of monograph was funded by European Social Fund according to project No. VP1-2.2-ŠMM-07-K-02-060 Development and Implementation of Joint Master’s Study Programme “Sustainable Development of the Built Environment”.