Showing 1 - 10 of 63,625
a semi-parametric hedonic pricing model for about 90,000 housing units transacted in Hong Kong between 2005 and 2006. We … first identify a hedonic price function by locally regressing the rental price of the housing unit on its intrinsic and … experiments show that reallocating Public Rental Housing by half can increase the welfare of homeowners by about HK$8,000 on …
Persistent link: https://www.econbiz.de/10010617730
a semi-parametric hedonic pricing model for about 90,000 housing units transacted in Hong Kong between 2005 and 2006. We … first identify a hedonic price function by locally regressing the rental price of the housing unit on its intrinsic and … experiments show that reallocating public rental housing by half can increase the welfare of homeowners by about HK$8,000 on …
Persistent link: https://www.econbiz.de/10010875240
a semi-parametric hedonic pricing model for about 90,000 housing units transacted in Hong Kong between 2005 and 2006. We … first identify a hedonic price function by locally regressing the rental price of the housing unit on its intrinsic and … experiments show that reallocating Public Rental Housing by half can increase the welfare of homeowners by about HK$8,000 on …
Persistent link: https://www.econbiz.de/10013113127
attributes. We implement an agentbased model of an urban housing market that allows us to analyse the interaction between …
Persistent link: https://www.econbiz.de/10012433602
This paper analyses the highly under-researched German residential real estate market. Quality- and spatial-adjusted price and liquidity indices are calculated separately for the investment and rental market on a regional basis. Applying the “Partitioning Around Medoids (PAM)” clustering...
Persistent link: https://www.econbiz.de/10014504492
In this paper, the liquidity (inverse of time on market) of rental dwellings and its determinants for different liquidity quantiles are examined for the seven largest German cities. The determinants are estimated using censored quantile regressions in order to investigate the impact on very...
Persistent link: https://www.econbiz.de/10014504531
The aim of this paper is to characterize the cyclical properties of Spanish real and nominal housing related variables …. Our three main results are: First, housing appears to lead the business cycle. Second, fluctuation in home prices are …
Persistent link: https://www.econbiz.de/10008460859
In the area of environmental analysis using hedonic price models, we investigate the prerformance of various nonparametric and semiparametric specifications. The proposed model specifications are made up of two parts : a linear component for house characteristics and a non(semi) parametric...
Persistent link: https://www.econbiz.de/10005272770
housing policy's expansionary focus may be problematic in less robust housing markets by contributing to the oversupply of … housing …
Persistent link: https://www.econbiz.de/10013119989
This chapter focuses on neighborhood effects in housing markets. Households in effect choose neighborhood effects, or … priced by housing markets and be capitalized into housing values and rents. The chapter focuses on models that are … dimensionality. The chapter examines neighborhood choice, with endogenous and contextual neighborhood effects, and housing demand …
Persistent link: https://www.econbiz.de/10014025502