Factors Affecting Investmentin Real Estate in Ethiopia
dc.contributor.advisor | Kassie, Dr. Abebaw | |
dc.contributor.author | Abreha, Eyerusalem | |
dc.date.accessioned | 2021-07-28T15:57:57Z | |
dc.date.accessioned | 2023-11-04T09:39:21Z | |
dc.date.available | 2021-07-28T15:57:57Z | |
dc.date.available | 2023-11-04T09:39:21Z | |
dc.date.issued | 2021-06 | |
dc.description.abstract | This research paper ought to study factors affecting investment in real estate in Ethiopia mainly to identify and analyze the major influential factors that affect investment in real estate sector in Ethiopia. The study took a secondary data with time series variables for a period of 26 years from 1994-2019. The analysis is done using OLS multiple regression. The results show that, for the long run estimation, it’s found that: urban population growth, GDP and exchange rate have positive significant influence on real estate investment capital growth while interest rate has significant negative effect on real estate investment capital growth. For short run estimation, it’s found that GDP and exchange rate has positive significant influence on real estate investment capital growth. On the contrary, inflation is found to have no influential effect on the real estate investment capital growth both in long run as well as short run regression estimation. From this it is concluded that GDP, exchange rate and interest rate are the major factors that affect investment in real estate in Ethiopia. Therefore, as recommendation policies that work on factors such as GDP growth, Exchange rate and interest rate could significantly improve and boost investment in real estate that helps to develop the sector, which in turn will benefit for the growth of the country. | en_US |
dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/27458 | |
dc.language.iso | en | en_US |
dc.publisher | A.A.U | en_US |
dc.subject | Real estate investment | en_US |
dc.subject | Inflation rate | en_US |
dc.subject | Urban population growth | en_US |
dc.title | Factors Affecting Investmentin Real Estate in Ethiopia | en_US |
dc.type | Thesis | en_US |