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In published work on hedonic house price estimation it is not uncommon to examine some of the conditions required for the estimators to have desirable properties such as minimum variance and unbiasedness, in particular spatial autocorrelation. However, other conditions that can give rise to...
Persistent link: https://www.econbiz.de/10014971591
, the green effects of balconies on the prices of residential properties, and the effect of security concerns on balconies … irrespective of the quality of the view. The negative effects of air and noise pollution on property prices are also found to be …
Persistent link: https://www.econbiz.de/10014971595
autoregressive conditional heteroskedasticity modeling techniques. Findings – The paper finds that private house prices are better … modeled as an ARIMA (1, 1, 0) model with corresponding dummy variables. This suggests that housing prices may be characterized … on property prices and take them into consideration in forecasting price changes.  …
Persistent link: https://www.econbiz.de/10014971619
analyses the mechanisms of the seller‐buyer interaction affecting house sale prices. Design/methodology/approach – The research … prices. The list price is positively related to the number of revisions, and the size of reduction, in the list price, and … are extremely rare in Hong Kong. The paper illustrates how, in times of moderate economic conditions and housing prices …
Persistent link: https://www.econbiz.de/10014971695
variance equations to estimate the conditional heteroscedasticity volatilities of the returns of house prices are selected …/implications – The results indicate that the volatilities between house prices moving up and moving down are asymmetric. Practical … estate prices, few of those papers have noted one of the most important advantages of the housing market, its defensiveness …
Persistent link: https://www.econbiz.de/10014971710
period are examined by statistical analyses as well as spatial observations using a GIS platform. Findings – Land prices in … this city are not entirely open and the so‐called market prices are largely price levels agreed between the private …/implications – The analyses of market land prices in Beijing in this paper show, however, that land prices do follow generally market …
Persistent link: https://www.econbiz.de/10014971711
sub‐markets where the property prices grow differently. The results suggest that there exist at least five different price …
Persistent link: https://www.econbiz.de/10014971713
the real versus perceived impacts of an HVOTL on proximate house prices. Findings – The results, whilst providing …
Persistent link: https://www.econbiz.de/10014971725
Purpose – This paper seeks to argue that racially discriminatory zoning in Colonial Hong Kong could have been a form of protectionism driven by economic considerations. Design/methodology/approach – This paper was based on a review of the relevant ordinances, literature, and public...
Persistent link: https://www.econbiz.de/10014971753
determine whether they have a significant impact on house prices in Sydney and Taipei. Design/methodology/approach – Property …. Findings – It is found that property taxes and fees account for a substantial portion of property prices in Sydney but not … prices and the impact of property taxes and fees in both cities. It may serve as a stepping stone for future research …
Persistent link: https://www.econbiz.de/10014971757