Title The architectural factors and the unexplained variance in the housing market /
Authors Skripkiūnas, Tomas ; Navickas, Valentinas
DOI 10.24136/eep.abs.2023.1
ISBN 9788365605610
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Is Part of 12th international conference on applied economics “Contemporary issues in economy”, Poland 29-30 June, 2023 / edited by A. P. Balcerzak, I. Pietryka: abstract book.. Olsztyn : Instytut Badań Gospodarczych, 2023. p. 134.. ISBN 9788365605610
Keywords [eng] real estate market value ; housing market ; architectural factors ; hedonic models ; spatial dependency
Abstract [eng] The research focuses on the housing market value variance across space inside a city at the fixed moment in time. A significant amount of the housing market value cannot be explained by usual hedonic models. This variance could be referred to as spatial dependency of the housing market value, however, there is no clear answer what attributes of different spaces or locations inside a city cause the differences in the market value. Therefore, on the one side, we have the unexplained variance across space, on the other side, we have the built environment and architecture which inevitably varies across space as well.
Published Olsztyn : Instytut Badań Gospodarczych, 2023
Type Conference paper
Language Lithuanian
Publication date 2023
CC license CC license description