TS05C: EXAMPLES OF TRANSPARENT REAL ESTATE MARKETS THROUGH GOOD DATA AVAILABILITY [10552]

Commission: 9
Chair: Dr. Christina Mauer, Germany
Rapporteur: Mr. Wolfgang Glunz, Germany

Transparency in markets is a nice and popular term. But what about the implementation of transparency in the real world? Is the purchase price data kept secret? Is market information available? What exactly makes a market transparent and are there any examples? These topics will be discussed and examples for approaches of transparency are presented in this session.

Guiding Questions for discussions:

• How difficult it is to implement this approach?
• How great was the resistance and what were the arguments against implementation?
• What exactly is the success of the approach and where is it used?
• Could the opponents be convinced?

Luc Hermans, Ruud Kathmann and Marco Kuijper (Netherlands):
Transparency Through the Use of International Standards (11946)
[abstract] [paper] [handouts]

Eva Katharina Neubrand, Sabine Georgi, Michael Hellwig and Peter Ache (Germany):
Taxonomy of Commercial Real Estate - Structuring the Substantive Submarket of Commercially Used Real Estate in Germany for the Purpose of Market Observation and Valuation (12118)
[abstract] [paper] [handouts]

Frank Harleman and Marion Plegt (Netherlands):
Making the Housing Market Transparent with Land Registry Data: the Role of Buy-To-Let in the Dutch Housing Market (12037)
[abstract] [paper] [handouts]