HouSI: Heuristic for delimitation of housing submarkets and price homogeneous areas
نویسندگان
چکیده
منابع مشابه
HouSI: Heuristic for delimitation of housing submarkets and price homogeneous areas
This paper seeks to address the problem of the empirical identification of housing market segmentation, once we assume that submarkets exist. The typical difficulty in identifying housing submarkets when dealing with many locations is the vast number of potential solutions and, in such cases, the use of the Chow test for hedonic functions is not a practical solution. Here, we solve this problem...
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Housing Submarkets are a set of dwellings that have similar characteristics. They are reasonably close substitutes for one another, yet relatively poor substitutes for dwelling in other submarkets. Identifying housing sub-markets makes it possible to predict housing prices more accurately. Moreover, it helps planners and policy-makers to make better decisions. Despite the importance of this iss...
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ژورنال
عنوان ژورنال: Computers, Environment and Urban Systems
سال: 2013
ISSN: 0198-9715
DOI: 10.1016/j.compenvurbsys.2012.04.005