How the Recession Affects the Expectations of Potential Acquirers of Real Estate Right in Deciding to Purchase Property?

The objective was to identify factors which are critical to potential acquirers of real estate right in deciding to purchase property. We analysed whether the recession is negatively associated with these expectations. The results of 1306 participant show that people generally expressed higher expectations in year 2009 than then in year 2011, as specially reflected by younger participants. Further analyses of the impact of statistically significant differences of potential acquirers of real estate right on the real estate market, both in spatial as well as terms of value, within the current economic environment are discussed.