“Internet Plus” Pathways to the Transformation of China’s Property Sector

Abstract

of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publishers, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publishers nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made.

A Systematic Review of Smart Real Estate Technology: Drivers of, and Barriers to, the Use of Digital Disruptive Technologies and Online Platforms

“…Such big investments and the readiness of some countries to embrace technological disruption encourage the movement towards smart real estate (SRE) that is more sustainable and augmented by technology. Various real estate start-ups have emerged as technological tycoons, including Trulia [20], Zillow [14] and Redfin and Trulia [20,21]. Ms Pitman, working with the smart city-focused CityConnect program in Australia, quotes start-ups Zillow, WeWork and Airbnb as key enablers of SRE and smart cities.…”

“…As a result, disruptive technologies have been reviewed and assessed in various industries according to such criteria as computer education and students' perspectives [8], radical technology development in value-added supply chains [9], enhancing learners' experience in massive open online courses [10], risk management using disruptive technologies [11], social relations in higher education [12], clinical trials [13] and others. The stated studies provide useful insights into how disruptive technologies may be applied, but until now their application to real estate has not been reviewed [14]. The current study reviews the potential application of various disruptive technologies to real estate to highlight their importance, current uses and applications, and how they can be used to address the needs of real estate stakeholders.…”

The Research Development of Hedonic Price Model-Based Real Estate Appraisal in the Era of Big Data

“…First, the data sources and acquisition methods in the big data era are essentially different from traditional ones. Internet companies are actively establishing large real estate information databases and constantly accumulating transaction data or linking with other real estate transaction databases [140,141]. In the context of the internet's rapid development, most internet users have become used to releasing demand and searching for information via the internet.…”

The financialization of rental housing in China: A case study of the asset-light financing model of long-term apartment rental

“…LAR is at the core of this industry. The asset-light business model in which rental firms sublet apartments to tenants on behalf of landlords has emerged in the Chinese LAR industry since the mid-2010s and come to prevail in last few years (Ba and Yang, 2016). This business model is very different from the traditional "asset-heavy" model where rental firms lease only the housing units that they own.…”

“…One is the traditional "asset-heavy model" in which the firms lease the rental properties that they own, and the other is the "asset-light model" in which the firms obtain the leasing rights of properties from individual or corporate owners through agency contracts on a long-term basis, refurnish them, and then sublet the properties on behalf of landlords (Ba and Yang, 2016). This paper engages with the ongoing debates of housing financialization, examining the financing models used by asset-light LAR firms and their "rental loan" in particular.…”