Rents revision during administrative buildings lease-source of increased funds allocated to real estate infrastructures in developing countries: the case of Burundi
IF 4.3 3区 材料科学Q1 ENGINEERING, ELECTRICAL & ELECTRONIC
Rudahinyuka Samuel, Liao Hongbing, Kubwarugira Gamaliel, Ngenzi Jean Claude, N. Athanase, Hongjie Xie
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引用次数: 0
Abstract
The rent of administrative buildings is one of the funds that can weigh heavily on the economies of developing countries. The available literature on the subject is largely focused on the investment opportunity in the real estate rent sector as well as on the office rent determinants; the dynamism of rents depending on various factors. There is an absence of studies on the predictive functions of increases given the frequent variations of rents to attract the attention of policymakers who may opt for a change or maintain the status quo. This study aims to establish by using the least squares method a linear function that can be used to adjust rents based on the inspiration of lease amendments over time. It highlights the pattern of change in the amounts to be provided for in the budget laws for the years 2016 to 2035. The findings show that lease amendments have a significant influence on the increase in funds to be allocated to the payment of administrative building