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Paper: eres2014_130
| Paper title: | Hedonic model of house pricing based on customer analysis |
| Authors: | Jamiyansuren, Burmaa |
| Summary: | Consumption of Mongolians was changed greatly since Mongolia transferred into free-market economy. One of them is house market were formed in Mongolia through privatization houses to households. However, it is still the big problem to civil servant and democracy that have middle and lower income because house -price has bubble. For that reason, to evaluate background of house market and economy situation in this paper. Also I intended to determine customer features by cluster analysis. The aim of this research is to analyze price using hedonic regressions based on consumer’s analyze about either house price increased quickly compared with GDP in a last decade or factors influenced and determine actual value that is met the interests of consumers and supplier. Keyword: housing price, consumer’s analysis, hedonic regression, factors that influenced the price, bubble of housing price, emerging economy |
| Type: | |
| Year of publication: | 2014 |
| Series: | ERES:conference |
| Download paper: | http://library.eres.org/cgi-bin/rsa98.pl?conf=ERES2014&type=session&theme=D &slot=2670 |
| Citation: | Jamiyansuren, Burmaa (2014). Hedonic model of house pricing based on customer analysis. 21st Annual European Real Estate Society Conference in Bucharest, Romania, http://itc.scix.net/paper/eres2014_130 |
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