International Real Estate Review
Keyword(s):
How much do the market values of housing reflect its interior design? Does the interior design interact with other housing attributes? By following recent research based on the ¡§graph theory,¡¨ this paper confirms the importance of internal design variables in a hedonic pricing model, which is applied to a large dataset of high-rise apartment buildings in Asia. The evidence is consistent with a simple theory in that developers strategically use interior design to ¡§dilute¡¨ the effect of location, which leads to a form of endogenous multicollinearity. Directions for future research are also discussed.
2006 ◽
Vol 41
(6)
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pp. 2097-2113
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2021 ◽
Vol 2
(1)
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pp. 103
2018 ◽
Vol 24
(1)
◽
pp. 71-83
◽
2020 ◽
Vol 8
(1)
◽
pp. 153-162
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Keyword(s):
Keyword(s):