Topics in Real Estate Research, 1973-2010: A Latent Semantic Analysis

This research uses LaSalle's model to evaluate the impact of foreign ownership in the United States on property values over a 10-year period and finds that property values can be negatively affected by foreign ownership.

Abstract

With the development and evolution of real estate literature a number of studies, primarily qualitative, have attempted to build structure into the body of published research. This research uses Latent Semantic Analysis to evaluate the content of abstracts published in Real Estate Economics, the Journal of Real Estate Finance and Economics, and the Journal of Real Estate Research from 1973 through 2010. Two main themes are identified and results are disaggregated, creating a pool of 25 topics within the main themes. Findings show a relatively stable pattern of research for some topics and the influence of market conditions on others. The extracted research topics comprise the intellectual core of real estate research.