Abstract
The change in the real estate market has been rapid, partly due o mortgages, partly due to banking regulation and tightening construction control because of climate change. The importance of the appraisal expertise and correct collateral value related to mortgage lending has been further emphasized as a means of risk management. However, mortgage valuation, collateral valuation and calculation models related to mortgages have not evolved with regulation, because of which new market risks are emerging in the real estate market, the combined effect of which may lead to strong market reactions.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
IVSC-2020-FINAL-suomeksi.pdf. (www.skayry.fi)
Kiiras, J., Tammilehto, S.: Kiinteistökehitys, Kiinteistömedia Oy
Bank of Finland, Financial Report 2013 and European Commission Marrez, Peter Potumach (2013)
Taloustaito 2020, Veronmaksajain keskuliitto r.y.
Rantala, J., Yllikäinen, M., Holopainen, T. Competences in expert sales. In: Kantola, J., Nazir, S., Salminen, V. (eds.) Advances in Human Factors, Business Management and Leadership. AHFE 2020. Advances in Intelligent Systems and Computing, vol. 1209. Springer, Cham. https://doi.org/10.1007/978-3-030-50791-6_16
Morris-Levenson, J., Sarama, R., Ungerer, C.: Does Tighter Bank Regulation Affect Mortgage Originations? (2017). https://paprers.ssrn.com
Kouretas, G.P., Pawłowska, M., Szafrański, G.: Market structure and credit procyclicality: Lessons from loan markets in theEuropean Union banking sectors, Elsevier (2020)
Demary, M., Voightländer, M.: The Impact of Basel IV on Real Estate Financing, IW-Policy 18/2020 (2020)
Benetton, M., Eckley, P., Kirwin, L., Latsi, G.: Capital reguirements and mortgage pricing: Evidence from Basel II. Elsevier (2020)
Darvey et al. (2020)
Zink, D.: The Effects of Shadow Banking on the Transmission of Monetary Policy The Effects of Shadow Banking on the Transmission of Monetary Policy by David Zink :: SSRN (2020)
Linné, M.R.: Artificial intelligence, avms and blockchain: Implications for valuation. Apparaisal Institute (2018)
Pennington-Cross, A.: The Value of Foreclosed Property. FRB of St. Louis Working Paper No. 2004–022A
Virtanen, P.: Kiinteistöjen arviointikirja. Suomen kiinteistöarviointiyhdistys (1991)
Kiiras, J., Tammilehto, S.: Kiinteistökehitys: Käsitteet, markkinat, prosessit, talous ja riskit. Markkinointi, rakennuttaminen ja suunnittelu. Tuotteistus, muuntojousto ja kaavoitusyhteistyö (1. p.). Helsinki: Kiinteistöalan Kustannus (2014)
Culley, J., Bailey, L., Postila, M.: Prime London housing – drivers and submarkets, Conference paper at ERES 2014 Conference in Bucharest, Romania. (2014). (https://eres.architexturez.net/doc/oai-eres-id-eres2014-81)
Dunse – Leishman – Watkins, : Classifying office submarkets. J. Property Investment Finance 19(3), 236–250 (2001)
https://www.op-media.fi/asunnon-osto/nain-putkiremontti-vaikuttaa-asunnon-arvoon/viittaus 20.1.2021
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this paper
Cite this paper
Rantala, J., Rantanen, A., Yllikäinen, M., Holopainen, T. (2021). Weakness of Real Estate Collateral Valuation Policy in Changed Financial World. In: Goonetilleke, R.S., Xiong, S., Kalkis, H., Roja, Z., Karwowski, W., Murata, A. (eds) Advances in Physical, Social & Occupational Ergonomics. AHFE 2021. Lecture Notes in Networks and Systems, vol 273. Springer, Cham. https://doi.org/10.1007/978-3-030-80713-9_51
Download citation
DOI: https://doi.org/10.1007/978-3-030-80713-9_51
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-80712-2
Online ISBN: 978-3-030-80713-9
eBook Packages: EngineeringEngineering (R0)