Dynamic cycles of unsold new housing stocks, investment in housing, and housing supply–demand
نویسندگان
چکیده
منابع مشابه
Dynamic cycles of unsold new housing stocks, investment in housing, and housing supply-demand
Unsold new housing stocks may be closely related to housing market fluctuation, especially the difference between housing supply and demand, which is influenced by macroeconomic conditions. These factors simultaneously influence developers’ investment decisions and, thus, housing supply over time. However, previous research on the housing market has focused on explaining the statistical relatio...
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In this paper, we intend to identify the characteristics of occurrence of unsold new housing stocks and draw the implications for the housing business strategy that can effectively cope with the market risk under the Korean housing market. As a result of the analysis, most of the theoretical causality of occurrence of unsold new housing stocks under the three-dimensional Korean housing market w...
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ژورنال
عنوان ژورنال: Mathematical and Computer Modelling
سال: 2013
ISSN: 0895-7177
DOI: 10.1016/j.mcm.2011.08.005