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Information asymmetry as an impediment to market liquidity in township residential property markets
Dissertation (MBA)--University of Pretoria, 2010.
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| Format: | Thesis |
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University of Pretoria
2013
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| _version_ | 1867613717826371584 |
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| access_status_str | Open Access |
| author2 | Holland, Mike |
| author_browse | Holland, Mike |
| author_facet | Holland, Mike |
| collection | Thesis |
| dc_rights_str_mv | © 2006 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria |
| description | Dissertation (MBA)--University of Pretoria, 2010. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/23657 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:40:35.305Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/23657 Information asymmetry as an impediment to market liquidity in township residential property markets Holland, Mike upetd@up.ac.za Motau, Mxolisi UCTD Real estate investment Dissertation (MBA)--University of Pretoria, 2010. Housing is currently a topical issue in South Africa which has a housing backlog estimated to exceed 2,5 million households. Banks are a critical component of the housing value chain. They have been struggling to facilitate the reduction of the backlog, citing a lack of market liquidity of townships relative to the suburbs as a primary reason for the failure to reduce the backlog. The aim of this research study is to determine the extent to which information asymmetry is a factor in the liquidity of the township property market, with a view to understanding the impediments to liquidity in the township real estate market, and make recommendations for parsimonious interventions. Quantitative analysis was performed by examining data obtained on Estate Agents, Properties Registered and Demographics. Descriptive statistics were employed to understand the structure of the market. Thereafter factor analysis was used to identify relationships and narrow the number of variables for further exploration. Finally, multiple regression was applied in order to understand how the variables identified interacted with one another. The findings revealed that estate agents and the type of housing product had a direct impact on market liquidity. Market liquidity in the township market could be improved by making practical and parsimonious interventions centred on the estate agents, and property developers. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T15:43:27Z 2010-06-29 2013-09-06T15:43:27Z 2007-04-08 2010-06-29 2010-03-31 Dissertation Motau, M 2006, Information asymmetry as an impediment to market liquidity in township residential property markets, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23657 > G10/248/ag http://hdl.handle.net/2263/23657 http://upetd.up.ac.za/thesis/available/etd-03312010-135822/ © 2006 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria application/pdf University of Pretoria |
| spellingShingle | UCTD Real estate investment Information asymmetry as an impediment to market liquidity in township residential property markets |
| title | Information asymmetry as an impediment to market liquidity in township residential property markets |
| title_full | Information asymmetry as an impediment to market liquidity in township residential property markets |
| title_fullStr | Information asymmetry as an impediment to market liquidity in township residential property markets |
| title_full_unstemmed | Information asymmetry as an impediment to market liquidity in township residential property markets |
| title_short | Information asymmetry as an impediment to market liquidity in township residential property markets |
| title_sort | information asymmetry as an impediment to market liquidity in township residential property markets |
| topic | UCTD Real estate investment |
| url | http://hdl.handle.net/2263/23657 http://upetd.up.ac.za/thesis/available/etd-03312010-135822/ |