Estimation of Hedonic Single-Family House Price Function Considering Neighborhood Effect Variables
In the formulation of hedonic models, in addition to locational factors and building structures which affect the house prices, the generation of the omitted variable bias is thought to occur in cases when local environmental variables and the individual characteristics of house buyers are not taken...
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Format: | Article |
Language: | English |
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MDPI AG
2014-05-01
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Series: | Sustainability |
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Online Access: | http://www.mdpi.com/2071-1050/6/5/2946 |