Municipal assessments versus actual sales prices in hedonic price studies
In most hedonic price model studies, the actual sales price of a property is employed as the dependent variable in the parametric regression analysis. Although the use of this price is pervasive, alternatives to it do exist. One such alternative is the assessed property value, which is more readily...
Main Authors: | Mario Du Preez, Michael Sale |
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Format: | Article |
Language: | English |
Published: |
AOSIS
2015-04-01
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Series: | Journal of Economic and Financial Sciences |
Subjects: | |
Online Access: | https://jefjournal.org.za/index.php/jef/article/view/82 |
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